The Bitcoin surged to $106,000 after the announcement of a “complete and total” ceasefire between Iran and Israel, communicated by Donald Trump on Truth Social.
Trump announces a cease-fire between Iran and Israel
It was the shocking statement by Donald Trump on Truth Social that ignited the spark: a “complete and total” ceasefire reportedly agreed upon between Iran and Israel. The announcement, which came after twelve days of strikes and tensions in the Middle East, immediately sent shockwaves across the markets, particularly impacting Bitcoin.
A historic truce… but fragile
The news was confirmed by an Iranian source to Reuters, lending credibility to the American president’s announcement. But the euphoria lasted only a few minutes.
An instant crypto rally
At the time of the announcement, Bitcoin, which had dropped to $98,500 over the weekend, surged by nearly 3% to surpass the symbolic $106,000 mark. Ethereum, Solana, XRP, HYPE… the major altcoins followed suit, with increases up to 10%.
The market quickly interpreted the news as a sign of geopolitical easing, leading to a sharp resurgence in risk appetite, typical of a market that operates by the minute, where political uncertainty weighs heavily.
Iranian missiles: Is the agreement already falling apart?
But the relaxation only lasted a few hours. Barely confirmed, Israel accused Tehran of violating the terms. The Israeli Defense Minister immediately ordered “powerful” retaliatory strikes on targets in the heart of the Iranian capital.
The cause: a barrage of Iranian missiles launched at the U.S. base in Al Udeid, Qatar, an attack Iran deems a “symbolic” response to American strikes on its nuclear facilities a few days earlier.
Markets in immediate reaction mode
In this explosive climate, volatility reigns. Bitcoin slightly corrected to $105,300 in early morning trading, while U.S. futures markets remained in the green (+0.5%) and oil continued to drop to $65 per barrel, far from the earlier $75 mark.
A contrast that underscores the complexity of the moment: investors teeter between hopes of de-escalation and fears of a new cycle of retaliations.
