A surprise geopolitical breakthrough just gave crypto markets exactly the kind of catalyst they’d been waiting for. Trump’s announcement of a peace deal with Iran, which includes reopening the Strait of Hormuz, sent risk assets flying on Monday, and digital currencies were no exception.
Bitcoin jumped roughly 4.4% over 24 hours, climbing from around $63K to near $67K. The altcoin rally was even more dramatic, with Ethereum and Solana both posting double-digit percentage gains.
The numbers tell a clear story
Here’s the thing about crypto rallies tied to macro events: they tend to lift everything, and the riskier the asset, the bigger the bounce. That pattern played out almost textbook-style here.
Ethereum surged 9.9% over 24 hours, pushing above $1,800. Solana outpaced it with a 10.5% jump, landing near $74. XRP climbed past $1.25.
