🚀 Bitcoin Soars Past $106K as Israel-Iran Ceasefire Ignites Crypto Rally

Geopolitical calm sends risk assets flying—and crypto's leading the charge. Bitcoin just punched through $106,000 like a bull through a Tehran bazaar.

The Trigger: Traders dumped safe havens after Israel and Iran agreed to stand down. Suddenly, that 'digital gold' narrative flipped back to 'moon fuel.'

The Action: Algos went haywire as liquidity flooded BTC pairs. ETH, SOL, and even meme coins caught the bid—because nothing says 'risk-on' like degenerate gamblers frontrunning WW3 de-escalation.

The Reality Check: Sure, peace is great. But let's be real: half these positions will unwind before the ink dries on the treaty. Wall Street's still figuring out whether to call this a 'hedge' or a 'lottery ticket.'

The crypto market rebounded during early Asian trading hours Tuesday after U.S. President Donald Trump announced that a ceasefire between Iran and Israel had come into effect, triggering a sharp comeback across Bitcoin and major altcoins.

The MOVE seems to have largely erased recent war-driven market anxiety, fueling renewed bullish sentiment.

Markets Gain As Tensions Ease

Relief from the Middle East conflict in the form of a surprise ceasefire spurred a crypto and risk-asset rally. President Trump posted on Truth Social that a full ceasefire agreement had been reached by both Israel and Iran.

“Officially, Iran will start the CEASEFIRE and, upon the 12th Hour, Israel will start the CEASEFIRE and, upon the 24th Hour, an Official END to THE 12 DAY WAR will be saluted by the World,” TRUMP wrote.

Crypto markets have turned nicely higher, with Bitcoin (BTC) now up by 5.1% over the past 24 hours to $106,017 after the brutal Sunday-Monday crash. The premier crypto had plummeted below the psychologically important $100,000 level on Sunday before staging its recovery. 

Bitcoin has historically trended positively during times of global unrest. During major events like the US–Iran conflict in 2020, Russia’s attack on Ukraine in 2022, and now the Iran–Israel war of 2025, bitcoin has demonstrated remarkable price stability. While it does not act like a traditional safe haven, it usually behaves like an uncorrelated hedge in systemic uncertainty.

Ether (ETH), the industry’s second-largest crypto by market cap, is ahead 10.6% to trade back above $2,455. Ripple-promoted cryptocurrency XRP surged 11.2% in the past 24 hours. The crypto’s double-digit spike comes after Arthur Britto, co-founder of Ripple and the XRP Ledger (XRPL), posted on X for the first time in nearly 14 years.

According to market data, Solana’s SOL, Cardano’s ADA, and Dogecoin (DOGE) also rose between 9.6%-10% following the news of a possible ceasefire between Iran and Israel.