• Trump announced a 24-hour phased ceasefire between Israel and Iran to end the 12-day war.
• Bitcoin rebounded above $105,000, recovering from earlier lows below $100,000.
• Market relief hinges on both sides honoring the truce and keeping oil trade routes open.

Bitcoin surged back above $105,000 following a dramatic announcement by President Donald Trump confirming a complete ceasefire between Israel and Iran.

Trump declared the 12-day war “officially ended” following a 24-hour dual-stage ceasefire to be initiated first by Iran, then by Israel.

The Market Impact of Iran-Israel Ceasefire

Crypto markets reacted swiftly. Over the weekend, Bitcoin dipped below $100,000 hours earlier amid news of a potential Strait of Hormuz shutdown. Today, BTC rebounded by over 5% on the announcement.

Ethereum also rallied, climbing back above $2,400, while risk sentiment improved across broader digital asset markets.

The ceasefire removed immediate fears of further military escalation and global oil disruption. Also, the de-escalation was widely anticipated, as oil prices began to drop earlier despite Iran targeting US bases in Qatar. 

Earlier in the day, Iran’s parliament approved a proposal to shut the Strait of Hormuz, which handles 25% of global oil shipments.

Had that closure gone into effect, it would have sharply driven up oil prices, potentially reigniting inflation and delaying central bank rate cuts.

Instead, the ceasefire has reduced energy market pressure and restored some degree of geopolitical stability, prompting capital to flow back into risk assets.

Markets will closely watch whether both sides adhere to the 24-hour ceasefire protocol and if the Strait of Hormuz remains open.

If the truce holds, macroeconomic stability may return quickly, boosting both equities and crypto. However, any breaches or renewed tension could send Bitcoin back into risk-off territory.