Cryptocurrencies like Ethereum (ETH$ETH ), Solana$SOL (SOL), and Cardano$ADA (ADA) experienced a sharp rise of around 7% after former U.S. President Donald Trump claimed he had helped negotiate a ceasefire between Israel and Iran.

The market reacted strongly to the news, with investors appearing optimistic that reduced geopolitical tensions could bring more stability to the crypto space. Trump’s announcement, although yet to be officially confirmed by either country, sparked immediate movement across major altcoins.#trumpcoim

This price jump reflects how sensitive the crypto#cryptotrading market remains to global political developments, especially those involving conflict zones. If the ceasefire holds true, it could lead to a more sustained rally across digital assets.