A savage of 72 hours of price swings continued in crypto at the end of the United States day on Monday after President Trump went to Truth Social to proclaim a “complete and total” ceasefire between Iran and Israel.
“It was fully agreed and between Israel and Iran that there will be a complete and total ceasefire (in about 6 hours),” wrote Trump.
Already bouncing in the afternoon action, Bitcoin
increased by almost 3% on news, exceeding $ 106,000 after diving up to $ 98,500 there are no more than 24 hours. At the time of the press, the price was a bit remote to $ 105,300.
US stock market index has displayed gains of approximately 0.5% in all areas and the price of crude oil dropped only $ 65 per barrel after exceeding $ 75 earlier in the day.
The movement in certain altcoins was more dramatic, with ether
XRP and Solana among these gains from 8% to 10%.
In the minutes which followed the president’s announcement, there was some confusion as to whether there was indeed a cease-fire agreement, but Reuters now reports that a senior Iranian official saying that Tehran had accepted a cease-fire proposed with Israel.
