Crypto Markets Surge as Trump Announces Ceasefire Between Iran and Israel

Bitcoin rises again above 105,000 USD after a shocking announcement by President Donald Trump confirming a complete ceasefire between Israel and Iran.

Trump declared that the 12-day war has "officially ended" after implementing two-stage ceasefires within 24 hours, first with Iran, then with Israel.

Market Impact of the Iran-Israel Ceasefire

The cryptocurrency market reacted quickly. Over the weekend, Bitcoin had dropped below 100,000 USD a few hours earlier due to news about the potential closure of the Strait of Hormuz. Today, BTC has recovered more than 5% after this announcement.

Ethereum also surged, crossing the 2,400 USD mark, while risk sentiment improved across the broader digital asset market.

The ceasefire immediately eliminated concerns about military escalation and global oil disruption. Additionally, the reduction in tension was widely anticipated, with oil prices beginning to decline earlier despite Iran's attack on US bases in Qatar.

Earlier in the day, Iran's parliament passed a proposal to close the Strait of Hormuz, which handles 25% of global oil volume.

If such a closure were to take effect, oil prices would surge significantly, potentially triggering inflation and delaying central bank interest rate cuts.

Instead, the ceasefire reduced pressure on energy markets and restored a degree of geopolitical stability, driving capital flows back to risky assets.

Markets will closely monitor whether both sides will comply with the 24-hour ceasefire and whether the Strait of Hormuz remains open.

If the ceasefire agreement holds, macroeconomic stability could quickly return, boosting both stocks and cryptocurrencies. However, any violations or recurring tensions could push Bitcoin back into a risk state.