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Crypto markets rally as Trump announces two-week Iran ceasefire

Apr 08, 2026 10:30 UTC

Crypto markets rally as Trump announces two-week Iran ceasefire.

  • The crypto market enjoyed a much-needed boost on Tuesday evening after U
  • S
  • president Donald Trump announced a two-week ceasefire in Iran

The crypto market enjoyed a much-needed boost on Tuesday evening after U.S. president Donald Trump announced a two-week ceasefire in Iran. BitcoinBTC$71.173,86spiked to around $72,700 after settling in the $71,800 region, ether (ETH), meanwhile, is changing hands at $2,250 after posting a 6% gain in the past 24 hours. The market remains trapped in the same range it has been since early February despite the overnight rise. Bitcoin will need to trade above $75,000 to confirm a breakout, while a rejection here could signal a move back to around $65,000. Traders will be waiting cautiously for the

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