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#Crypto Market Rebound Trump Declares Iran-Israel Ceasefire, Crypto Market Soars
Bitcoin surged above $105,000 after President Donald Trump’s dramatic statement confirming a full ceasefire between Israel and Iran.
Trump declared that the 12-day war was “officially over” after a two-phase 24-hour ceasefire initiated by Iran and continued by Israel.
Market Impact of Iran-Israel Ceasefire
Cryptocurrency markets reacted quickly. Over the weekend, Bitcoin had fallen below $100,000 a few hours earlier on news of the possible closure of the Strait of Hormuz. Today, BTC rose more than 5% after the announcement.
Ethereum also rebounded to above $2,400, and risk appetite in broader digital asset markets increased.
The ceasefire has allayed fears of further military escalation and global oil disruptions. It had also been expected to ease tensions as oil prices began to fall earlier, despite Iran targeting US bases in Qatar.
Earlier in the day, Iran’s parliament approved a proposal to close the Strait of Hormuz, which handles 25% of global oil shipments.
If that closure had gone through, it would have sharply increased oil prices, potentially reignited inflation and delayed central bank rate cuts.
Instead, the ceasefire has eased pressure on energy markets and restored a degree of geopolitical stability, prompting capital to flow back into riskier assets.
Markets will be watching closely to see if both sides will abide by the 24-hour ceasefire protocol and if the Strait of Hormuz will remain open.
If the ceasefire holds, macroeconomic stability could quickly return, sending both stocks and cryptocurrencies higher. However, any breach or renewed tensions could send Bitcoin back into risk-off territory.