Bitcoin held near $67,000 on Monday while Ethereum surged 10%, leading a broad crypto rally fueled by the U.S.-Iran peace deal. The agreement eased geopolitical tensions and boosted risk appetite across both digital assets and equities. XRP, Solana (SOL), and Hyperliquid (HYPE) also posted strong gains.
The peace deal effect
Markets have been on edge for months as U.S.-Iran talks stalled. The deal, finalized over the weekend, removed a major source of uncertainty. Crypto traders were quick to price in the shift. The move mirrored gains in traditional risk assets, with stocks also climbing Monday.
ETH leads, altcoins follow
Ethereum's 10% jump outpaced Bitcoin. That's a sharp change from recent weeks, when ETH struggled to keep up. XRP, Solana, and Hyperliquid all joined the rally, each rising by double digits at points during the session. The breadth of the move suggests broad-based buying rather than a single-coin story.
Bitcoin consolidates near $67K
Bitcoin didn't break out in the same way. It's been stuck in a range near $67,000 for days. The peace deal gave it a lift, but it hasn't pushed past resistance. Some traders are watching to see if the rally can hold into Tuesday.
The peace deal removes a big geopolitical overhang, but the market still has other worries — inflation data later this week, for one. If risk appetite sticks, altcoins could keep running. If not, Bitcoin's $67,000 level will be the first test. For now, the mood is the best it's been in months.
