Israel’s firing of missiles into Iran overnight still couldn’t bring Bitcoin under $100k, with the digital asset bouncing perfectly from $103,500 and now trading just under $105,000. The strength shown by Bitcoin has investors bullish and now wondering which crypto to buy today for the short term.
With BTC holding firmly above $100k, all eyes are now on next week’s Federal Reserve FOMC meetings and what the outcome of those meetings will mean for Bitcoin and the wider crypto market.
Israel vs Iran.
Every war sparks a panic sell.
But guess what follows?
A V-shaped reversal. Every. Single. Time.
— Our Crypto Talk (@ourcryptotalk) June 13, 2025
Explore: Best Meme Coin ICOs to Invest in June 2025
Israel-Iran Aside, Everything Looks Good For Bitcoin Going Into Next Week’s Fed Meetings
Bitcoin has shown incredible strength following promising numbers from the US Producer Price Index (PPI), which came in below expectations to show the lowest increase since September 2024.
That trend itself repeated results from the Consumer Price Index (CPI) the day prior, marking a double bonus for crypto and risk assets in general.
Typically, cooling inflation tends to give the Federal Reserve room to lower interest rates, something that crypto investors are hoping for in order to see heavy liquidity inflows to crypto and risk assets.
However, the Fed has remained hawkish in its stance on policy for 2025, despite protests from US President Donald Trump. A look at the latest data from CME Group’s FedWatch Tool now shows markets pricing in the next Fed rate cut at its September meeting.
As for next weeks June 18 meeting of the Federal Open Market Committee (FOMC), both the FedWatch Tool and prediction platform Polymarkets have it at 97%+ chance of no change.
Traders are maintaining a bullish outlook for Bitcoin even with pending war in the Middle East. One user on X, named TheoTrader pointed out the following regarding last nights events; “Last time we had Israel vs Iran headlines, market nuked. Only to 2x a few weeks later. Just something to remember.”
It is definitely something to consider as the exact move that TheoTrader mentions did play out in October 2024 – Bitcoin did indeed run to over $100,000 following that short-lived crash. With the strength shown by Bitcoin, many investors are now wondering which crypto to buy today for the short term.
Last time we had Israel vs Iran headlines,
market nuked…Only to 2x a few weeks later…
Just something to remember. pic.twitter.com/rN6SNWD5z7
— TheoTrader 🏰 (@theo_crypto99) June 13, 2025
DISCOVER: Top Solana Meme Coins to Buy in July 2025
Is Solaxy (SOLX) The Best Crypto To Buy For The Short Term With The Market Currently On A Discount
Solaxy (SOLX) looks to be one of the best plays in 2025, making it possibly the best crypto to buy for the short term and long term. Marketing itself as the first-ever native Layer-2 protocol for Solana, SOLX has a first-mover advantage in a $10 billion industry.
While the L2 category on CoinGecko is valued at around $10 billion, most of the protocols listed are Ethereum-based, with not a single project being built on Solana.
We’re in 2025 and Solana still doesn’t have a L2 to its name, while Arbitrum, Optimism, Polygon, and Base have all established themselves as household names in the Ethereum L2 space.
Solana has long needed an L2 to support its mainnet, with the network often suffering outages, slowdowns, and failed transactions whenever on-chain trading activity ramps up.
Solaxy utilizes rollup technology, easing the burden on the Solana mainnet by batching transactions together before processing them ‘off-chain’ and sending them back to the mainnet for settlement. This process takes much of the stress off the Solana mainnet while still working off of Solana’s architecture to ensure low fees and security remain a priority on Solaxy.
Full L2 Ecosystem On The Way For Solaxy – Launchpad and DEX Means Users Can Do It All With SOLX
🚨 Solaxy is now live in Upcoming Tokens! 🚨@SOLAXYTOKEN gives holders an opportunity to join the first-ever Solana Layer 2 blockchain.
Solaxy is set to enhance blockchain innovation through limiting congestion, reducing failed transactions, and improving scalability on SOL.… pic.twitter.com/satNF6zFNF
— Best Wallet (@BestWalletHQ) December 17, 2024
As well as being a native Solana L2 protocol, the Solaxy team has also announced the launch of a token launchpad similar to Pump.fun AND a built-in DEX. This means that SOLX users can launch a token, graduate it to the Solaxy DEX, and trade to their hearts’ content, all on Solana’s first-ever L2 protocol.
With Pump.Fun announcing the launch of a token and reports stating that it will launch with a $4 billion market cap valuation, Solaxy looks to be a much better proposition from an investors POV.
Pump.fun has its token launchpad and its newly launched Pump.swap DEX, both taxing the Solana mainnet. On the other hand, Solaxy will have Igniter, its token launchpad, alongside the Solaxy DEX, with both tools utilizing the L2 infrastructure to ensure maximum uptime, lightning-fast speeds, and low fees.
With nearly $49 million in presale funding secured, the Solaxy presale is due to end in less than three days and $50 million seems a foregone conclusion before the timer hits 0.
SOLX could well be the best crypto to buy today for the short term and the long term as Bitcoin gears up for a parabolic move post FOMC.
Stay updated by joining the Solaxy community on Telegram and X.
Check Out The Solaxy Presale Today
EXPLORE: Top 20 Crypto to Buy in July 2025
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