While an announcement from President Trump was expected at 8:00 PM (ET), he ultimately declared a two-week ceasefire with Iran about one hour earlier.

This ceasefire also includes the reopening of the Strait of Hormuz, temporarily easing the economic and trade tensions that had been building.

The news immediately triggered a cascade of reactions across markets.

Oil dropped by roughly 15%, the U.S. dollar fell about 0.7%, while Nasdaq and S&P 500 futures gained around 2%.

Bitcoin also saw liquidity rapidly flow into Binance derivatives markets.

Within just two hours, during and after the announcement, $1.2B and $1.5B ($2,7B) in taker buy volume appeared on derivatives markets.

This sudden improvement in visibility allows investors to reposition in the short term, while hoping the situation continues to evolve positively.

It sends a constructive signal for Bitcoin, although this dynamic remains highly sensitive to further announcements and geopolitical developments.

Written by Darkfost