Crypto Market Recovers As U.S.-Iran War Ceasefire Lifts Sentiment

The crypto market bounced back after a formal ceasefire in the U.S.-Iran War lowered geopolitical pressure. The deal followed a last-minute diplomatic attempt led by Pakistan, which helped prevent further rise in tensions. As a result, risk sentiment grew across global markets, leading to a rebound in digital assets.

Bitcoin, Ethereum, and XRP each posted gains within hours of the announcement. The ceasefire also halted a planned escalation tied to a deadline set by Donald Trump. In turn, this change reduced immediate uncertainty around the Strait of Hormuz, a key route for global energy supply.

Crypto Market Reacts to U.S.-Iran War Ceasefire

The crypto market rose as tensions between the United States and Iran eased. The two countries agreed to a two-week conditional ceasefire on Tuesday evening. The agreement came less than two hours before a stated deadline for possible military action. Iran confirmed it would allow safe passage through the Strait of Hormuz during the ceasefire period.

Earlier reports indicated that B-52 bombers were already en route before the agreement. However, the ceasefire halted further escalation. Pakistan’s Prime Minister Shehbaz Sharif requested a pause to allow diplomacy to continue. The agreement also includes discussions around a proposed 10-point framework from Tehran. These developments reduced pressure on global markets tied to energy supply risks.

Bitcoin Leads Crypto Market Recovery

Bitcoin price showed extended gains as the crypto market responded to positive sentiment. BTC climbed to $71,324.12, rising by 3.71% in 24 hours. The trading volume reached $47.3 billion, while the market cap stood at $1.42 trillion.

In addition, the technical indicators show positive momentum. The MACD reads 463.79, while the signal line is 4.99. The histogram remains negative at -458.80, but continues to narrow. This points to a weakening bearish pressure. The MACD line has crossed above the signal line, indicating a possible bullish phase.

Meanwhile, RSI stands at 57.42, above its 46.79 moving average. This implies an increasing buying strength. The indicator remains below overbought levels, leaving room for further movement. With the momentum, BTC can challenge the resistance, which lies between $73,000 and 75,000. However, a failure to hold the RSI above 55 could push prices toward the $68,000 support level.

Ethereum and XRP Follow Crypto Market Trend

Ethereum and XRP also moved higher as the crypto market stabilized. ETH rose by 6.10% to $2,237.46, with trading volume at $24.4 billion. Its market cap reached $270 billion. The MACD shows convergence at 17.57, while the histogram prints 0.00. This corresponds to a change from bearish to neutral momentum.

The RSI for Ethereum stands at 59.28, above its moving average of 49.17. This confirms strengthening demand. If momentum continues, ETH may test resistance between $2,350 and $2,500. However, a decline below RSI 55 could trigger a pullback toward $2,050.

Meanwhile, similar recovery signals are emerging in XRP, although the trend remains less defined. XRP price traded at $1.37, up by 4.05% over the past 24 hours. Its market cap reached $84.1 billion, with trading volume at $2.8 billion. The MACD shows a bullish crossover, with the MACD line at 0.0047 and the signal line at -0.0192. The histogram remains negative at -0.0238 but continues to contract.

The RSI is 50.48, which is higher than its moving average of 41.60. This puts XRP in a neutral zone of positive strength. With the buildup, XRP might face resistance at 1.45 to 1.55. However, a drop below the RSI 50 may lead to a retest of the $1.30 support level.