Bitcoin price today: stable at 104 thousand dollars, Trump’s comments and Iran do not make much comfort

Bitcoin currency fell slightly on Friday, with the large -scale coded currency markets not to achieve little progress even with an improvement in the appetite for risk on a wider scale after he postponed US President Donald Trump Resolution on attacking Iran.

The largest encrypted currency in the world was heading towards the second consecutive week of minor losses, as it was swinging within a narrow trading scope that has been established since recorded high levels in early June.

Bitcoin currency decreased by 0.3% to 104,580.4 dollars by 01:58 Each time (05:58 GMT).

The sizes of cryptocurrency trading were also weak due to the US market holiday on Thursday, while the sector was still suffering from the strict comments made by the Federal Reserve earlier this week.

Bitcoin is heading towards a weekly loss; Trump makes a decision on Iran within “two weeks”

Bitcoin price decreased by 0.8% this week, and within the trading range remained 103,000 to $ 108,000, which he witnessed throughout most of June.

The encrypted currency markets were not excited about Trump’s statements that he would decide whether he would involve the United States in the war between Israel and Iran within two weeks.

Other markets driven by risks witnessed progress after this comment, as Asian stocks and currencies rose on Friday, while it decreased gold.

Trump’s comment, which was reported by the White House, helped calm some concerns that an American blow against Iran – which may be a great escalation in the conflict – is not imminent, especially after dozens of media reports stated that such a scenario may happen this week. An external . Not an offer or a recommendation from Investing.com. See the disclosure

But the deadline set by Trump for two weeks still leaves the markets to some extent, given that the president used the phrase “two weeks” as a kind of temporary mark when referring to a delay in making major political decisions or s.

The price of encrypted currencies today: Alternative currencies in a limited range, and the strict federal reserve comments affect the market

The prices of encrypted currencies were also largely limited to Friday, which led to the extension of its slow performance after the strict comments from the Federal Reserve, which shook speculators some somewhat earlier this week.

Ethereum, the second largest cryptocurrency in the world, settled at $ 2520.12, while the Ripple currency decreased by 0.2% to $ 2.1519.

The Solana currency increased by 0.2%, while the Cardano currency decreased by 0.9%.

Among the icons of M., Dogecoin decreased by 1.1%, while $ 1.6%decreased.

The US Federal Reserve kept interest rates unchanged earlier this week, as expected. However, he expressed an undisputed position on any possible interest rates, warning at the same time that the stable inflation is likely to hinder any future relief for monetary policy.

Federal Reserve Chairman Jerome Powell kept his expectations to reduce interest rates twice in 2025, but he reduced the expectations for reducing interest rates for 2026.

High interest rates for a longer period often cause severe damage to speculation assets, such as cryptocurrencies, as it limits the size of the capital available for investment in this sector. The wave of raising interest rates launched by the Federal Reserve during 2022 and 2023 led to a sharp decrease in the price of encrypted currencies for a long time, before recovering in late 2023 and 2024.

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