US President Donald Trump introduced a whole ceasefire between Israel and Iran, doubtlessly ending the 12-day struggle, late on Monday.
Trump took to his social media community, Reality Social, to state, “It has been absolutely agreed by and between Israel and Iran that there can be a Full and Whole CEASEFIRE.”
Trump on the Israel/Iran ceasefire simply now: pic.twitter.com/ixibGX3k5v
— The Kobeissi Letter (@KobeissiLetter) June 24, 2025
Iranian officers earlier confirmed that Tehran had agreed to a ceasefire, reported Reuters, which added that the nation’s overseas minister stated “there can be no cessation of hostilities until Israel stopped its assaults.”
Bitcoin Reacts
Bitcoin costs have surged round 6% because the announcement just a few hours in the past, climbing from simply over $100,000 to come back simply shy of $106,000 throughout Asian buying and selling on Tuesday morning.
The asset cooled just a little, falling again to simply over $105,000 on the time of writing. It has now recovered all losses over the previous few days and returned to its range-bound channel.
BTC fell beneath six figures for the primary time since early Might on Monday following US airstrikes on Iranian nuclear amenities. Nonetheless, it didn’t keep beneath $100,000 for very lengthy.
S&P 500 futures additionally rose marginally late on Monday, suggesting merchants anticipate the US inventory market to open with positive aspects on Tuesday.
MN Capital founder Michaël van de Poppe stated that now the sounds of World Conflict III are fading, “macroeconomic tables must be shifting.” The greenback will proceed falling, the Renminbi will escape, gold consolidates, and charges are going to fall. In the meantime, “Bitcoin and crypto go into the most important bull cycle ever.”
Crypto Markets Get well
Crypto markets gained round $170 billion over the previous 12 hours or in order whole capitalization returned to $3.35 trillion.
NEWS: The overall crypto market cap is up 2.3% in the present day after Trump proclaims “full and whole” ceasefire between Israel and Iran
Will the inexperienced momentum proceed? pic.twitter.com/XQAhRxIRhs
— CoinGecko (@coingecko) June 24, 2025
Ethereum posted a powerful restoration, gaining 7% to reclaim $2,400; nevertheless, it now must high help turned resistance at $2,500 to completely recuperate.
Different altcoins posting strong positive aspects had been Solana up 7.6%, Sui up 11.5%, Chainlink climbing 10.7%, Avalanche up 8.5%, and Hedera gaining greater than 12% over the previous few hours.
The publish Bitcoin Exams $106K on Center East Ceasefire Settlement appeared first on CryptoPotato.