US–Iran Ceasefire Ignites Market Rally as $BTC Hits $72K

#Bitcoin surged to $72,000 (+5%) after a two-week US–Iran ceasefire was announced, with the Strait of Hormuz reopening fueling a strong risk-on sentiment across global markets.

Oil prices reacted sharply, with WTI crude dropping 15% to $91/barrel, reversing a large portion of recent conflict-driven gains, while $XAU (Gold) continued its strength near $4,811 as safe-haven demand remains active.

However, the situation remains uncertain — US officials have labeled the agreement a “fragile truce,” with key geopolitical issues still unresolved, meaning this rally could face volatility ahead.