Bitcoin Continues Sideways on U.S. Interest Rates Freezing·Fears of Middle East War

U.S. Fed Leaves Interest Rate Unchaged...Four Times This Year
Iran also Responded to Israel's Airstrike on Iran...Intensified Conflict
Expert "BTC, $100,000 Key Section ...There Will Be No Plunge"

The cryptocurrency market, including Bitcoin(BTC), went sideways on Jun. 19 due to war clouds that are sensitive in the Middle East and the U.S. Federal Reserve's interest rate freeze.

The Fed said Wednesday it will freeze its key interest rate. The rate freeze has been held for four times this year following January, March and May.

As U.S. President Donald Trump warned of an ultimatum, the military conflict between Israel and Iran has spread. When Israel attacked nuclear facilities in the Iranian capital Tehran and Iraq on Wednesday, Iran also launched a large number of missiles, intensifying the conflict in the Middle East.

As Bitcoin remained relatively in the price range despite various unstable situations, altcoins also kept the price range similar to that of the previous day.

◇Bitcoin = Bitcoin price is $104,778 at 4:30 p.m. on Jun. 19, 2025. The Bitcoin share(dominance) was 64.88%.

The long(up) and short(down) betting ratios in the Bitcoin futures market stood at 50.56% and 49.44%, according to the on-chain analytics platform Sigbtc.

It was predicted that there would be no sharp drop in Bitcoin due to the war in the Middle East.

Vanderpof, a famous cryptocurrency analyst, told CoinTelegraph, "The key support line based on the four-hour chart is $100,000, and I think it is unlikely that Bitcoin will fall below $100,000."

◇Upward Coin = The cryptocurrency that recorded the largest increase from the previous trading day at 4:30 p.m. on Jun. 19 was Orbs(ORBS), up about 5% on the day alone.

Orbs is a public blockchain infrastructure solution that helps developers develop apps and is a hybrid blockchain compatible with layer-1 chains such as Ethereum and Binance Smart Chain.

Orbs tokens are used to receive compensation through staking in the network or to pay for resources for apps to run.

◇Fear Greed Index = The digital asset fear-greed index provided by Alternative has entered the 'neutral' stage with 57 points. The neutral stage is a section where the psychological resistance and support of market participants appear, and important decision-making actions appear in future price movements.

The cryptocurrency relative strength index(RSI) provided by Sigbtc was 45.7, which was 'neutral'. The RSI sets the relative strength between the upward and downward pressures of a particular asset price and is an indicator of the over-buying and over-selling measures of a particular asset.

권승원 기자 ksw@blockstreet.co.kr