Bitcoin jumped more than 6% following the Israel-Iran ceasefire announcement with other assets pumping by upto 10%.
Author: Sahil Thakur
Written On: Tue, 24 Jun 2025 02:48:31 GMT
A wave of optimism swept across crypto markets Monday as news broke of a ceasefire between Iran and Israel. The relief rally brought swift price recoveries across major digital assets, with Bitcoin reclaiming critical levels and altcoins bouncing back double digits.
Bitcoin jumped more than 6% following the ceasefire announcement, reversing weekend losses that saw the asset dip below the psychologically important $100K mark. As the geopolitical dust began to settle, traders rotated back into crypto -abandoning safe-haven assets like gold and cash.
By mid-morning trading, Bitcoin hovered near $106,000, with heavy volume on both spot and derivatives exchanges. Ethereum followed suit, adding over 8% to trade above $2,400. Solana, XRP, and Avalanche saw gains of 7â10%, reflecting a broad-based sentiment shift across the altcoin spectrum.
âCrypto markets are regaining confidence fast,â said Nadia Torres, head of digital asset research at Vanta Capital. âThe moment geopolitical risk receded, traders flooded back into high-beta plays.â
The price action confirms a pattern: crypto is moving more like tech equities and less like traditional hedges. Last weekâs sell-off aligned with a sharp uptick in Middle East tensions, pushing Bitcoin down nearly 5% in 48 hours.
Now, with missiles silenced and diplomacy in motion, digital assets are once again behaving like high-risk, high-reward bets.
Gold, which spiked during the conflict, lost 2.3% as investors pivoted back to risk. Treasury yields also rose slightly, another sign of shifting sentiment.
Crypto Asset | Pre-Ceasefire Price | Post-Ceasefire High | % Change | Remarks |
---|---|---|---|---|
Bitcoin (BTC) | ~$98,200 | ~$106,400 | +8.3% | Rebounded after breaking below $100K support |
Ethereum (ETH) | ~$2,210 | ~$2,420 | +9.5% | Strong bounce fueled by renewed DeFi flows |
Solana (SOL) | ~$143 | ~$157 | +9.8% | Outperformed BTC on relative basis |
XRP | ~$0.585 | ~$0.636 | +8.7% | Gained on overall market sentiment |
Avalanche (AVAX) | ~$27.10 | ~$30.15 | +11.2% | Benefited from tech-heavy rotation |
Chainlink (LINK) | ~$14.30 | ~$15.90 | +11.2% | Volume spike on major exchanges |
Polygon (MATIC) | ~$0.682 | ~$0.743 | +8.9% | Strong correlation with ETH bounce |
Dogecoin (DOGE) | ~$0.148 | ~$0.161 | +8.8% | Speculative flows returned quickly |
Cardano (ADA) | ~$0.388 | ~$0.423 | +9.0% | Followed broader L1 ecosystem recovery |
The crypto comeback mirrored a broader rebound in traditional markets. Nasdaq futures climbed 1.8% in pre-market trade. Mega-cap tech stocksâoften correlated with Bitcoinâposted strong gains:
Risk appetite returned quickly as investors digested both the ceasefire and signals from the Federal Reserve that rate hikes may be done for the year.
âWeâre seeing a synchronized rebound across crypto and tech,â noted Martin Koh, macro strategist at Helix Research. âBitcoin, like the Nasdaq, thrives on peace and low rates.â
Crude oil prices dropped sharply on the news. Brent crude fell from above $75 to near $67, easing inflation fears and further fueling the recovery in growth assets. Lower energy prices typically help sentiment across both equities and crypto.
Still, traders remain cautious.
The ceasefire is fragile, and any signs of renewed conflict could send markets reeling. Additionally, upcoming U.S. inflation data and central bank commentary may reintroduce volatility.
Cryptoâs reaction to geopolitics once again proves it is not a safe havenâbut it is a clear barometer of investor risk appetite. As conflict recedes, the hunger for yield and momentum returns.
Key takeaways:
If peace holds, expect the rally to continue. But in todayâs macro-geopolitical climate, calm can be fleeting â and the next shock could be just one headline away.
Loading chart...
Real voices. Real reactions.
Add your reaction to this story:
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.
Dispute Between Immunefi and Spectra Finance Over Bug Bounty Payments
Crypto Markets Rebound Sharply on Iran-Israel Ceasefire: Bitcoin Leads Risk-On Surge
Trezor Warns Users of Phishing Scam Exploiting Support Emails
TimeFun Debuts Livestreaming Platform on Solana with Creator Rewards
Dispute Between Immunefi and Spectra Finance Over Bug Bounty Payments
Crypto Markets Rebound Sharply on Iran-Israel Ceasefire: Bitcoin Leads Risk-On Surge
Trezor Warns Users of Phishing Scam Exploiting Support Emails
TimeFun Debuts Livestreaming Platform on Solana with Creator Rewards