Cryptocurrency prices surged as President Trump announced a ceasefire agreement between Iran and Israel. Bitcoin notably increased by 5%, crossing the $105K mark after dipping below $100K the previous day following U.S. military action against Iranian nuclear sites. This news also positively affected other cryptocurrencies such as Ethereum and XRP, which saw their prices rise. Market analysts indicate that the announcement could stabilize the region, positively impacting investor sentiment toward cryptocurrencies. However, the situation remains dynamic, and further developments could influence market conditions. This surge reflects how geopolitical events can significantly affect cryptocurrency values in contemporary markets.
Value-packed daily reports covering news, markets, on-chain data, fundraising, governance, and more – sent to your inbox. Saving you 1 hour of research daily.
