Bitcoin, Ether, and XRP surge after Trump's announcement of a ceasefire.
#MarketRebound The crypto market exploded upwards on Monday night, pushing Bitcoin above $105,000 after Donald Trump announced a ceasefire agreement between Iran and Israel. This news instantly transformed the mood of investors. But, is this euphoria sustainable in an still fragile geopolitical context?
✨In summary.
🔥Bitcoin rose to $105,000 following the announcement of a ceasefire between Israel and Iran.
🔥Ethereum and XRP also experienced a significant increase after the geopolitical easing.
🔥Tensions in the Middle East intensified market volatility, causing massive liquidations.
The Trump effect, when geopolitics drives cryptocurrencies.
Donald Trump caused a real earthquake in the crypto markets on Monday night. On Truth Social, the U.S. president announced that "Israel and Iran have fully agreed to a complete and total ceasefire."