The crypto market has made a strong recovery after a substantial weekend dip that saw Bitcoin (BTC) and other cryptocurrencies slip to multi-month lows. The recovery came after President Donald Trump announced that Israel and Iran had agreed to a ceasefire. Iran had earlier completed a de-escalatory airstrike on the al-Udeid airbase, the largest American base in West Asia. BTC plunged to a low of $98,385 on Sunday as market sentiment worsened after the US launched airstrikes on key Iranian nuclear sites. However, a strong recovery has seen the flagship cryptocurrency reclaim $105,000. BTC is up nearly 4% over the past 24 hours, trading around $105,035. Ethereum (ETH) has also substantially recovered, having reclaimed $2,400 and trading around $2,405. The world’s second-largest cryptocurrency is up over 7% in the past 24 hours. Ripple (XRP) is also up over 7%, trading around $2.17. Solana (SOL) has reclaimed $140, with the price up over 8%, while Dogecoin (DOGE) is up nearly 8%, trading around $0.165. Cardano (ADA) , Chainlink (LINK) , Stellar (XLM) , Toncoin (TON) , Hedera (HBAR) , Litecoin (LTC) , and Polkadot (DOT) also registered substantial increases. As a result, the crypto market cap is up over 4%. Dow Jones Up 200 Points US stocks registered gains despite Iran’s attack on a US airbase in Qatar as tensions threatened to escalate yet again. Major US stock indices registered small increases despite the US entering the Israel-Iran conflict. The Dow Jones rose 270 points, while the S&P 500 registered an increase of 0.39%. The tech-heavy Nasdaq was up almost 1%, while oil prices fell 5%. The timing of the airstrikes on Iran, conducted when the markets were shut, could be the reason behind the market’s muted reaction. Oil traded slightly higher despite fears of drastic measures by Iran. Major Cryptocurrencies Up As President Trump Announces Ceasefire President Trump has announced that Israel and Iran have agreed to a complete ceasefire, which will begin in a few hours. The ceasefire ends what Trump referred to as the “12-Day War” in a post on Truth Social. According to the post, the ceasefire will unfold in two phases, with Iran observing it for the first 12 hours, followed by Israel. Trump also stated that Iran had notified the US before launching attacks on a US military base in Qatar, adding that there were no casualties during the attack, suggesting they were de-escalatory. The ceasefire follows a significant escalation in hostilities over the weekend as both countries intensified air attacks. The US also joined the conflict and conducted air strikes on key Iranian nuclear facilities. Recent talk of a ceasefire saw markets recover, with Bitcoin (BTC) rising over 5% after plunging below $100,000 over the weekend. Other altcoins, including Ethereum (ETH), Solana (SOL), and Ripple (XRP), also made substantial gains. Democratic Senator Introduces Bill Against President Trump’s Crypto Ties California Senator Adam Schiff and nine Democratic lawmakers have introduced a bill to prevent the “financial exploitation of digital assets” by President Trump and other Public officials. Schiff and several Democratic Senators announced the introduction of the Curbing Officials’ Income and Nondisclosure, or COIN Act, in response to Trump’s entanglements with the cryptocurrency industry. The legislation comes after President Trump’s disclosure of $57.4 million in income tied to World Liberty Financial (WLF). Senator Schiff stated, “President Donald Trump’s cryptocurrency dealings have raised significant ethical, legal, and constitutional concerns over his use of the office of the presidency to enrich himself and his family. That’s why I am introducing legislation to prevent the financial exploitation of any digital assets by public officials, including the president and the First Family.” Crypto ETFs Post $1.2B In Inflows Crypto investment products continued registering inflows as investor interest remained strong despite BTC and other cryptocurrencies registering notable declines. Crypto exchange-traded products (ETPs) registered $1.24 billion in inflows for the week ending Friday, according to data sourced from CoinShares. The latest inflows allowed crypto ETPs to break year-to-date inflows and set a new historic high of over $15.1 billion. However, despite the inflows, the total assets under management (AUM) in crypto ETPs fell marginally from $179 billion to $176.3 billion. Bitcoin ETPs registered a second-consecutive week of inflows totaling over $1.1 billion, despite prices dropping to a low of $103,000 by the end of the week. According to James Butterfill, CoinShares head of research, the resisting growth in the Bitcoin ETP dynamics despite a decline in spot prices indicates investors were buying on weakness. “This sentiment was further supported by minor outflows from short-Bitcoin products, which totaled $1.4 million.” Bitcoin (BTC) Price Analysis Bitcoin (BTC) has registered a sharp recovery after spending the weekend in the doldrums. The flagship cryptocurrency registered a sharp decline over the weekend as market sentiment worsened as the conflict between Israel and Iran escalated. The US also entered the war, conducting precision strikes on key Iranian sites, sending the crypto market into a tailspin. As a result, BTC fell 1.17% on Saturday and plunged below $100,000 on Sunday, falling to a low of $98,385 before recovering to reclaim $100,000 and settle at $100,982. However, bullish sentiment returned on Monday after President Trump announced a ceasefire, with BTC surging over 4% to reclaim $105,000. BTC’s dip over the weekend saw substantial exchange outflows, with analysts from Nansen suggesting investors were buying the dip instead of panicking. Nicolai Søndergaard, Research Analyst at Nansen, stated, “We are seeing exchange outflows, so it is likely that people, regardless of being retail or institutions, are buying the dip. Generally, when it comes to war and other external factors that disrupt things globally, there tends to be heavy short-term dips which later rebound.” BTC reclaimed $105,000 on Monday, a day after it plunged to a low of $98,385, indicating volatility. Traders are now waiting to see if BTC pushes towards $110,000 or encounters more downside risk. According to analysts, BTC and the broader crypto market could see further downsides after Qatar stated that it had reserved the right to respond to Iran’s attack. Meanwhile, Iraq, Kuwait, Bahrain, and the UAE have shut down their airspace. BTC started the previous weekend on a positive note despite plunging to an intraday low of $102,854. It recovered from this level to register a marginal increase, reclaim $106,000, and settle at $106,106. BTC was back in the red on Saturday, dropping 0.59%, but registered a marginal increase on Sunday to end the weekend at $105,561. BTC raced to an intraday high of $108,939 on Monday. However, it lost momentum after reaching this level and settled at $106,808, ultimately registering an increase of 1.18%. The price fell back in the red on Tuesday, dropping over 2%, slipping below the 20 and 50-day SMAs and $105,000 to 104,519. Despite the overwhelming selling pressure, BTC registered a marginal increase on Wednesday and moved to $104,884 before registering a marginal decline on Thursday and settling at $104,631. Source: TradingView BTC raced to an intraday high of 106,513 as buyers attempted to overwhelm sellers. The price lost momentum after reaching this level and fell over 1%, slipping below the 50-day SMA and settling at $103,388. Sellers retained control on Saturday as BTC fell 1.17% and settled at $102,180, but not before dropping to a low of $100,979. BTC plunged below $100,000 on Sunday as market sentiment worsened after US airstrikes on Iranian nuclear sites. As a result, the price fell to a low of $98,385 before reclaiming $100,000 and settling at $100,982. BTC opened the current week in positive territory as markets bounced back, rallying over 4% to reclaim $105,000 and settle at $105,422. The current session sees BTC marginally up as buyers look to build momentum and push the price towards $110,000. Ethereum (ETH) Price Analysis Ethereum (ETH) substantially recovered on Monday, rebounding from a low of $2,119 as market sentiment turned positive after President Trump announced a potential ceasefire between Israel and Iran. ETH price action turned bearish over the weekend as it fell over 7% to a low of $2,119. However, bullish sentiment returned on Monday, with the price surging over 8% to reclaim $2,400 and settle at $2,413. Trump announced the ceasefire on Truth Social, stating, “CONGRATULATIONS TO EVERYONE! It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE (in approximately 6 hours from now, when Israel and Iran have wound down and completed their in-progress, final missions!), for 12 hours at which point the war will be considered, ENDED!” ETH fell to an intraday low of $2,441 on Friday (June 13), starting the previous weekend in the red. It recovered from this level to reclaim $2,500 and settle at $2,579, ultimately registering a drop of 2.48%. Price action remained bearish on Saturday, falling nearly 2% to $2,532. Despite the selling pressure, ETH recovered on Sunday, rising 0.67% and moving to $2,548. ETH raced to an intraday high of $2,680 on Monday as buyers attempted a move past $2,700. However, it lost momentum after reaching this level and fell to $2,544, registering a marginal decline. Sellers retained control on Tuesday as ETH dropped 1.31% and settled at $2,511. The price recovered on Wednesday, registering a marginal increase and settling at $2,525. Source: TradingView However, it was back in bearish territory on Thursday, registering a marginal drop and settling at $2,522. Bearish sentiment intensified on Friday as ETH fell nearly 5%, slipping below $2,500 and the 20-day SMA to 2,406. Selling pressure intensified on Saturday as ETH registered a drop of 4.56% and settled at $2,296. ETH plunged to an intraday low of $2,119 on Sunday as market sentiment deteriorated. However, it recovered from this level to reclaim $2,200 and settle at $2,229. Market sentiment turned positive on Monday after President Trump announced a ceasefire between Israel and Iran. As a result, ETH surged over 8% to reclaim $2,400 and settle at $2,413. However, the price declined during the ongoing session and is down over 1%, trading around $2,387. Solana (SOL) Price Analysis Solana (SOL) rebounded on Monday as it reclaimed key levels after falling to a low of $126 on Sunday. Bearish sentiment in crypto peaked Sunday after the US conducted airstrikes on Iran. As a result, SOL plunged to a low of $126 before reclaiming $130 and settling at $131. Monday’s market recovery saw SOL surge nearly 10% to reclaim $140 and move to $144. Despite a strong recovery, analysts have cautioned against a further downtrend, given the situation in the Middle East remains volatile. SOL could drop to $110 if it slips below $125. SOL registered a sharp decline on Friday (June 13), dropping to a low of $140 before recovering to settle at $148, ultimately registering a drop of 2.47%. Sellers retained control on Saturday as the price fell nearly 3% to $144. SOL recovered on Sunday, rising almost 6% to cross $150 and settle at $153. The price raced to an intraday high of $158 on Monday. However, it lost momentum after reaching this level and fell 1.52% to $150. Sellers retained control on Tuesday as SOL fell over 2%, slipping below $150 and settling at $144. SOL declined on Wednesday, falling nearly 1% to $146. Despite the overwhelming selling pressure, SOL recovered on Thursday, rising 0.44% to $147. Source: TradingView Selling pressure returned on Friday as SOL fell nearly 5% and settled at $140, but not before dropping to an intraday low of $135. Sellers retained control on Saturday as the price fell 3.30% and settled at $135. SOL plunged to an intraday low of $126 on Sunday as market sentiment worsened. The price recovered from this level to reclaim $130 and settle at $131, ultimately registering a drop of nearly 3%. SOL started the current week on a bullish note as bullish sentiment returned, rising almost 10% to reclaim $140 and settle at $144. The current session sees SOL marginally down as buyers and sellers struggle to establish control. Arbitrum (ARB) Price Analysis Arbitrum (ARB) has recovered over the past two sessions, rebounding after spending over two weeks in the red. ARB registered a sharp decline on Friday (June 13), falling to a low of $0.330 before recovering to settle at $0.348. Price action remained bearish over the weekend as ARB fell 4.36% on Saturday and 1.74% on Sunday to $0.327. The price reached an intraday high of 0.342 on Monday but lost momentum and fell to $0.318, ultimately registering a drop of nearly 3%. Sellers retained control on Tuesday as ARB fell almost 5% and settled at $0.303. Despite the overwhelming selling pressure, the price recovered on Wednesday, rising 1.29% and settling at $0.307. Source: TradingView Selling pressure returned on Thursday as ARB fell almost 2% to $0.301. Price action remained bearish on Friday as ARB fell nearly 5%, slipping below $0.30 and settling at $0.286. Sellers retained control on Saturday as the price dropped 4.05% to $0.275. ARB plunged to an intraday low of $0.252 on Sunday. However, it rebounded from this level to settle at $0.267, ultimately registering a drop of 2.62%. Sentiment changed on Monday as ARB surged nearly 13% to reclaim $0.30 and settle at $0.301. Buyers have retained control during the ongoing session, with the price up over 3% at $0.311. Uniswap (UNI) Price Analysis Uniswap (UNI) started the previous weekend in the red, dropping 6% to $7.30. Sellers retained control on Sunday as the price fell nearly 2% to $7.17. UNI raced to an intraday high of $7.99 on Monday. However, it could not stay at this level and settled at $7.43, ultimately registering an increase of almost 4%. Buyers attempted another move higher but were unsuccessful as the price registered a marginal decline and settled at $7.42. UNI faced volatility and selling pressure on Wednesday as buyers and sellers struggled to establish control. Buyers ultimately gained the upper hand as the price rose 1.97% to $7.57. The price continued to push higher on Thursday, registering an increase of 1.31% and moving to $7.67. Source: TradingView Bearish sentiment returned on Friday as UNI plunged over 8% and settled at $7.05. Price action remained negative on Saturday, dropping 8.39%, slipping below $7 and the 20-day SMA to $6.46. UNI fell to an intraday low of $5.93 on Sunday as bearish sentiment peaked. However, it recovered from this level to settle at $6.27, ultimately registering a drop of 2.94%. Bullish sentiment returned on Monday as UNI rose 8.54%, crossing the 50-day SMA and settling at $6.87. The current session sees UNI up nearly 1% as buyers look to push the price beyond $7 and the 20-day SMA. Filecoin (FIL) Price Analysis Filecoin (FIL) dropped to a low of $2.33 on Friday (June 13) before recovering to settle at $2.46. Price action remained bearish over the weekend as FIL dropped 1.41% on Saturday and 0.58% on Sunday to settle at $2.41. The price raced to an intraday high of $2.56 on Monday but lost momentum after reaching this level, ultimately settling at $2.46. FIL was back in the red on Tuesday, falling almost 3% to $2.39. The price encountered volatility on Wednesday as buyers and sellers struggled to establish control. Sellers ultimately gained the upper hand as FIL registered a marginal decline and settled at $2.38. Source: TradingView Selling pressure intensified on Thursday as the price fell 1.80% to $2.34. Sellers retained control on Friday as FIL dropped over 4% and settled at $2.24. Price action remained bearish on Saturday, falling 3.44% to $2.17. FIL plunged to an intraday low of $1.96 on Sunday as selling pressure intensified. However, it rebounded from this level to reclaim $2 and settle at $2.06, ultimately registering a drop of nearly 5%. FIL recovered on Monday as bullish sentiment returned. As a result, the price soared over 9% and settled at $2.25. The current session sees FIL up 1.28%, trading around $2.28. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.