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Former President Trump's latest remarks are shaking up the market. He mentioned that the Iran war could end soon, and as soon as this news came out, cryptocurrencies and stocks both surged sharply.
When news like this that reduces geopolitical risk appears, the entire market tends to react. Especially when the perception that uncertainty is decreasing strengthens, funds tend to flow into risk assets like cryptocurrencies. In fact, looking at the price movements after this statement, that trend is clearly evident.
Whether Trump's remarks will actually materialize or not, market sentiment is definitely spreading the expectation that "risk-off may be ending." When such historic turning points occur, investors' actions often change dramatically all at once.
The reason why cryptocurrency gains are particularly noticeable is partly due to high volatility, but it might also be because institutional investors are starting to flow in. News related to Trump tends to be a major factor moving the market, so keeping an eye on future developments is probably worthwhile. It might be good to track these price movements on Gate.io as well.