According to Francisco Rodrigues, Bitcoin (BTC) climbed to nearly $107,000, gaining 1.7% in 24 hours, fueled by a U.S.-brokered ceasefire between Iran and Israel that lifted global risk assets. Susannah Streeter of Hargreaves Lansdown noted doubts about the truce holding due to a leaked U.S. intelligence report, potentially resuming military action. Federal Reserve Chair Jerome Powell's emphasis on patience with interest rate cuts amid elevated inflation and tariff risks added market support, with Bitunix analysts highlighting short-term policy uncertainty. Traders are monitoring Powell's Senate testimony and upcoming economic data, while derivatives show neutral positioning with bullish options targeting $108,000-$112,000 for BTC, as reported by Jake O from Wintermute.