đ Bitcoin's price surged past $63,000 following U.S. President Donald Trump's announcement of the cancellation of military strikes and significant progress towards a peace deal with Iran. This de-escalation in the Middle East conflict eased market fears, triggering an immediate rally in risk assets.
â Impact on the Crypto Market
Bitcoin $BTC : Recorded a nearly 3% rise, trading around $63,500 after hitting a daily low of $61,101 prior to the announcement.
Altcoins: Showed even more aggressive moves; Ethereum (ETH) jumped 4%, while Solana (SOL) and Cardano $ADA advanced over 6%.
Oil: Brent crude reacted inversely, plummeting towards the $90 zone as the risk of a blockade in the crucial Strait of Hormuz dissipated.
$USDC
â Impact on the Crypto Market
Bitcoin $BTC : Recorded a nearly 3% rise, trading around $63,500 after hitting a daily low of $61,101 prior to the announcement.
Altcoins: Showed even more aggressive moves; Ethereum (ETH) jumped 4%, while Solana (SOL) and Cardano $ADA advanced over 6%.
Oil: Brent crude reacted inversely, plummeting towards the $90 zone as the risk of a blockade in the crucial Strait of Hormuz dissipated.
$USDC