Crypto Market Surges as Trump Brokers Ceasefire Between Iran and Israel

2025-06-24
Crypto Market Surges as Trump Brokers Ceasefire Between Iran and Israel

The crypto market witnessed a powerful rally Monday evening following a surprise announcement by former U.S. President Donald Trump that Iran and Israel had agreed to a ceasefire. 

The geopolitical breakthrough, made public via Trump’s Truth Social platform, injected fresh optimism into global markets—most notably the digital asset space. 

With fears of escalating warfare temporarily subsiding, capital quickly flowed back into crypto, propelling Bitcoin, Ethereum, and altcoins to notable gains.

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READ ALSO: Iran Strikes Back After US Missile Launch: Israel Back in Crumbles

Bitcoin and Ethereum Lead the Rally

Bitcoin (BTC) surged 4.5% over the past 24 hours, rebounding from its earlier low of around $100,500 to trade above $105,000. At its peak during the post-announcement momentum, BTC briefly pushed past the $106,000 mark—a level last seen during the previous bull cycle.

Ethereum (ETH) experienced even stronger growth, rising nearly 9% to $2,424.5. Analysts attribute this movement to renewed institutional interest and a temporary reduction in market uncertainty.

Altcoins Join the Bullish Momentum

The crypto rally extended beyond the major players. XRP saw a 7.4% increase, trading at $2.16, while Solana (SOL) jumped 9.85% to reach $144.8. The GMCI 30 Index, tracking the top 30 cryptocurrencies, rose by 7%—a clear sign of broad-based investor enthusiasm.

Indices focused on specific ecosystems also reflected the upswing. GMBASE, which monitors Base ecosystem tokens, leapt over 15%, while GMCOSM, tracking Cosmos-based assets, gained nearly 10%.

Ceasefire Announcement Spurs Investor Confidence

Trump’s announcement outlined that Iran would begin the ceasefire immediately, with Israel following within 12 hours, and a formal end to the “12-Day War” recognized 24 hours later. 

Though Iran’s Foreign Minister later clarified that no final agreement had been signed, he confirmed that Iran had “no intention” to continue hostilities if Israel halted its strikes by 4 a.m. local time.

Vincent Liu, Chief Investment Officer at Kronos Research, emphasized how the news impacted sentiment:
“Conflict cooled and clarity returned … With the Iran-Israel ceasefire easing tensions, capital flowed back in,” he said. “Institutions stayed steady—Bitcoin pushed past $106K, driven by renewed confidence and geopolitical relief.”

READ ALSO: Why Did Iran Attack a US Military Base in Qatar? Key Facts and Analysis

What Comes Next?

While the crypto rally reflects a moment of calm, Liu warns that longer-term momentum will depend on follow-through from institutions and macroeconomic indicators.

“The ceasefire lit the fire, but macro signals will keep it burning,” he noted. Key elements include ETF activity, trade dynamics, and the strength of the U.S. dollar.

Investors are now watching whether this surge marks the beginning of a sustainable bull run or a short-lived reaction to shifting headlines.

Conclusion

The crypto market's sharp recovery underscores how sensitive digital assets remain to geopolitical developments. Trump’s surprise ceasefire announcement between Iran and Israel offered a temporary antidote to market fear, reinvigorating investor sentiment. 

Whether this rebound has lasting strength will depend on broader institutional action and the durability of the peace accord in the days ahead.

FAQs

1. Why did the crypto market rise after the Iran-Israel ceasefire announcement?

The announcement reduced geopolitical tensions, prompting renewed investor confidence and capital inflow into digital assets.

2. How much did Bitcoin and Ethereum increase?

Bitcoin rose 4.5% to over $105,000, while Ethereum surged 8.86% to around $2,424.5 within 24 hours of the ceasefire news.

3. Is the ceasefire between Iran and Israel officially confirmed?

As of the latest updates, no final ceasefire has been signed, but Iran has stated it will stop attacks if Israel does the same.

4. Will this crypto rally continue?

Experts say sustained growth will depend on institutional buying, ETF activity, and macroeconomic conditions, not just the ceasefire.

Disclaimer: The content of this article does not constitute financial or investment advice.

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