Cryptocurrency markets continued their upward momentum today, as the recently confirmed ceasefire between Iran and Israel brought a wave of relief to global investors. With geopolitical tensions easing, risk sentiment has improved, and traders are increasingly moving capital back into digital assets.
Bitcoin and Ethereum both saw notable gains, with altcoins following closely behind. Analysts attribute the rally to a combination of factors:
- Reduced fear of regional escalation, which had weighed on global markets
- Positive sentiment from broader equities and commodities
- Speculation on potential central bank rate cuts, which typically benefit crypto
While volatility remains possible, especially if the ceasefire falters, the short-term outlook for crypto appears optimistic as investors embrace the relative calm.
