According to Francisco Rodrigues, bitcoin (BTC) rose to near $107,000 amid a U.S.-brokered ceasefire between Iran and Israel, which reduced risk aversion and lifted global equities, as per market data. Susannah Streeter, head of money markets at Hargreaves Lansdown, noted that doubts about the truce holding could impact markets due to U.S. intelligence leaks. Federal Reserve Chair Jerome Powell emphasized a wait-and-see approach on interest-rate cuts, with Bitunix analysts stating this adds short-term uncertainty but supports risk assets. Derivatives data from Wintermute OTC trader Jake O showed traders expect tight price action between $100,000 and $105,000 for the June expiry, with slight bullishness in call options targeting $108,000-$112,000.