๐ Crypto Market Rebounds as Israel-Iran Ceasefire Announced ๐
The crypto market is bouncing back after a tense weekend!
๐ข $BTC +5%
๐ข $ETH +9%
๐ข $XRP +7%
This positive momentum follows President Trumpโs announcement that Israel & Iran have agreed to a full ceasefire, signaling an end to what he called "The 12 Day War." The news, shared on Truth Social, has brought relief across risk markets โ and crypto is leading the charge.
Quick recap: โ Iran launched a de-escalatory missile strike on a US base in Qatar โ no casualties reported.
โ The US had joined the conflict with strikes on Iranian nuclear sites over the weekend, which sent crypto prices tumbling.
โ Ceasefire talks reversed the market trend โ BTC quickly bounced back above $106K after dipping to a six-week low of $98K.
Top movers:
๐ $ETH +9%
๐ $XRP +7%
๐ $SOL +10%
๐ $DOGE +9%
๐ $SHIB +10%
๐ $PEPE +12%
AI tokens also surged +9% with names like $TAO, $ICP, $NEAR, $FET, and $RENDER showing strong gains.
Another tailwind: the Federal Reserve has removed โreputational riskโ language from its guidelines โ clearing a smoother path for banks working with crypto.
Stay tuned โ markets are watching closely! ๐๐
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