Crypto Markets Rally as Geopolitical Tensions Ease
Bitcoin surged to $67,196 amid a broad crypto rally, while Ether gained 11% to $1,845. Solana and XRP outperformed with even steeper climbs, though Bitcoin remains down 24% year-to-date.
Equities joined the risk-on move, with the Dow Jones Industrial Average advancing 630 points to a record high. The S&P 500 rose 1.6%, while the Nasdaq Composite jumped 2.4% as tech stocks led gains.
Market sentiment improved following reduced geopolitical risks, with institutional players like Strategy resuming Bitcoin accumulation through a $100 million purchase last week. SpaceX shares added 7% after its strong market debut.
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