Yesterday the crypto market was really volatile. Bitcoin briefly dropped below $64,000 amid geopolitical tensions, but rebounded strongly on Sunday. From a heavy loss earlier, BTC rose again to $66,843, gaining about 5% in a day. It seems traders read news about the confirmation of Iran's leader's death and immediately thought the conflict would be short, so they bought again.

Interestingly, Solana led the recovery with a jump of 10.8% to $86.42, while Ether also solidly increased by 7.5% approaching $2,000. XRP, Cardano, and Dogecoin also followed with gains, each rising between 5-7%. But looking at the weekly performance, the story is different. Bitcoin is still down 1.6% for the week, and some altcoins are still in the red. Only Solana and Ether managed to return to positive territory for the weekly period.

There’s one thing that makes me a bit worried though. This bounce happened in very thin weekend liquidity, so it’s hard to predict whether it will hold. Everything depends on how the traditional markets respond once stocks and bonds reopen. If oil surges and stocks drop sharply, this crypto rally could disappear just like that. Polymarket still gives a fairly high probability of a ceasefire, but until institutional capital can trade normally, everything remains uncertain. Let’s see how things develop in the coming hours.