On June 23, 2025, U.S. President Donald Trump announced a ceasefire between Israel and Iran, effective immediately. (Source: Reuters, AP News)
This announcement significantly impacted the cryptocurrency market. Bitcoin (BTC) reached an intraday high of $105,934, closing at $105,280, a 3.78% increase. Ethereum (ETH) rose to $2,418.60, up 7.61% from the previous close. (Source: Reuters, AP News)
Altcoins like Sei (SEI), Dogecoin (DOGE), and Aptos (APT) also saw gains. Edul Patel, CEO of Mudrex, noted the market's "bullish momentum," with some altcoins rallying up to 13% in a single day. (Source: Reuters, AP News)
As of June 24, 2025, the ceasefire is in effect, but analysts caution about the region's stability. The international community is closely monitoring the situation. (Source: Reuters, AP News)