Crypto markets rally as Trump announces two-week Iran ceasefire
CoinDesk·2h ago·Positivity
What Happened
Bitcoin rose to $72,700 and Ether gained 6% to $2,250 after President Trump announced a two-week Iran ceasefire on Tuesday. Oil prices fell sharply, with Brent crude dropping to $94 per barrel from $114. Traders await the ceasefire's expiration to assess whether a permanent deal emerges or conflict resumes.
Key Entities
Donald TrumpBitcoinEtherIranBrent crude oilCoinDesk