Crypto markets reacted swiftly to the ceasefire news, with a surge in optimism across major tokens. $BTC and $ETH led the rally, pushing higher as traders unwound war-driven short positions. The overall market capitalization expanded significantly, reflecting renewed confidence as geopolitical tensions eased.

Yet, the relief rally also highlighted how sensitive crypto remains to global events peace talks and ceasefire stability will determine whether this momentum holds or fades. For now, the ceasefire has provided a temporary boost, but volatility is still the defining feature of the market.

In short the "ceasefire brought a wave of optimism", but lasting stability will

depend on whether peace endures.,