Bitcoin

This ceasefire is a fragile ‘time-out’ that keeps the Middle East powder keg on a short fuse. The bullish boost is likely tactical, not structural—crypto markets remain obsessed with Fed rate expectations, and easing oil prices (down 3% on the news) reduce inflation pressure, which is a modest positive for risk assets. However, the underlying geopolitical fracture remains, and any breach will reignite selling.

Iran and Israel announce a pause in military strikes but warn of retaliation if the ceasefire is breached.