Bitcoin, Ether, and XRP Surge Following Trump’s Ceasefire Announcement

The crypto market surged on Monday evening, pushing bitcoin above $105,000 after Donald Trump announced a ceasefire agreement between Iran and Israel. This news instantly changed investor sentiment. But is this euphoria sustainable in an ever-fragile geopolitical context?

The Trump Effect, When Geopolitics Boost Crypto

Donald Trump triggered a real earthquake in the crypto markets on Monday evening. On Truth Social, the U.S. president announced that “Israel and Iran have fully agreed on a complete and total ceasefire“.

This stunning statement instantly propelled bitcoin above $105,000, wiping out weekend losses in one swoop.

The investors’ reaction was immediate. Within a few hours, the leading crypto jumped 5%, almost fully recovering its value prior to the drop below $100,000 observed on Sunday.

This spectacular rebound reflects investors’ renewed appetite for risky assets amid easing geopolitical tensions.

The military escalation had weighed heavily on the markets. U.S. strikes on Iranian nuclear facilities on Saturday, followed by the Iranian “Besharat al-Faith” retaliation against the Al Udeid base in Qatar, had sown concern.

The explosions visible over Doha particularly shook investors, even though no damage or casualties were reported.

A Broad Rally That Surpasses Bitcoin

The euphoria is not limited to bitcoin. The entire crypto ecosystem benefits from this remarkable bullish momentum.

Ethereum gained 9% to reach $2,408, recovering much of its 10% drop seen earlier in the week. Solana did even better with an 11% gain, while Dogecoin rose 10%.

This broad rise is accompanied by increased volatility. CoinGlass data reveals that $491 million of crypto positions were liquidated in 24 hours.

Paradoxically, short positions represent most of these liquidations with $376 million, signaling that bearish bets were wiped out by the upward surge.

Bitcoin accounts for $161 million in liquidations, closely followed by Ethereum with $140 million. This situation perfectly illustrates the intensity of price movements and the difficulty in anticipating trend reversals in a tense geopolitical context .