Crypto prices surged rapidly after Trump announced a ceasefire between Iran and Israel, erasing recent losses in tension. Bitcoin hit $105,000, Ethereum
The
Cryptocurrency
market rose sharply on Tuesday, reversing recent losses, after Donald Trump declared a “complete and total” ceasefire between Israel and Iran. His announcement came late Monday, ending a 12-day conflict that had unsettled financial markets. The news shifted sentiment, triggering gains across most crypto assets.Trumps update was later confirmed via his Truth Social account, stating, “THE CEASEFIRE IS NOW IN EFFECT,” and urged both nations to uphold the agreement. Markets responded quickly to the post, as investors saw the development as a reduction in geopolitical risk.
Source: Truth Social
Bitcoin bounced from a six-week low of $98,000 on Sunday to trade over on Tuesday, gaining nearly in the past 24 hours. during the same period.
Memecoins and AI Tokens Also Join the Rally
Beyond the major coins, smaller sectors also reacted to the ceasefire headlines. The memecoin group rose, with Dogecoin climbing, Shiba Inu jumping , and PEPE surging . The move marked a clear reversal from last weekends sharp pullback, when tokens across the board tumbled amid conflict fears.
Artificial intelligence-related tokens also picked up pace. Names such as Bittensor, Internet Computer, Near Protocol, Artificial Superintelligence, Render, and Virtual Protocol all posted strong double-digit rebounds. Collectively, the AI token sector advanced by , helped by increased investor appetite following Trumps statements.
Commenting on the market environment, Augustine Fan, head of insights at SignalPlus, said, “We think the market will soon normalize and move on from the latest geopolitical episode.” His comments reflected broader confidence in a potential stabilizing trend if the ceasefire holds.
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