2026-4-8 02:14 |
Global cryptocurrency markets pumped today after President Trump announced a conditional two-week ceasefire with Iran. The news triggered a powerful rally, with Bitcoin climbing above $71,000 and Ethereum posting strong gains as geopolitical tensions showed signs of easing.
According to data from CoinMarketCap, the crypto market’s reaction was swift and positive across nearly all major assets.
Full Details of the US-Iran Ceasefire AnnouncementPresident Trump revealed the following five key points regarding the two-week pause in hostilities:
1. Ceasefire conditional on the Strait of Hormuz – The two-week pause is subject to Iran agreeing to the “complete, immediate, and safe opening” of the Strait of Hormuz, a critical global oil chokepoint.
2. “Double sided ceasefire” brokered by Pakistan – Trump described the agreement as a “double sided ceasefire” with Pakistan acting as the mediator between the US and Iran.
3. US military objectives already met – Trump stated that the United States has “already met and exceeded all military objectives” in the conflict.
4. Long-term peace agreement far along – According to the president, the US and Iran are “far along with a definitive agreement for long-term peace.”
5. Iran’s 10-point proposal is workable – Trump revealed that Iran has submitted a 10-point proposal, which he called “a workable basis” for negotiations. The two-week period will allow both sides to finalize the agreement.
BREAKING: We have received the full details on the US-Iran 2-week ceasefire announced by President Trump:
Details include:
1. The 2-week pause is subject to Iran agreeing to the "complete, immediate, and safe opening" of the Strait of Hormuz
2. Trump describes this as a…
As of now, the world awaits official comment from Iran.
How Crypto Prices ReactedBased on the image you provided (dated April 7, 2026), here is exactly how major cryptocurrencies moved over the last 24 hours following the news:
AssetPrice24h ChangeBitcoin (BTC)$71,338.89+4.04%Ethereum (ETH)$2,224.58+6.31%Solana (SOL)$85.25+6.76%BNB$617.65+3.23%XRP$1.37+4.33%Dogecoin (DOGE)$0.09488+5.28%Hyperliquid (HYPE)$38.55+6.67%TRON (TRX)$0.3152+0.26% Bitcoin (BTC) – Detailed MoveBitcoin jumped 4.04% in the last 24 hours, climbing from roughly $68,500 to a high of $71,338.89. The breakout above $71,000 signals strong buyer conviction following the ceasefire news. Market cap now stands at $1.427 trillion.
Ethereum (ETH) – Detailed MoveEthereum outperformed Bitcoin with a 6.31% surge to $2,224.58. This represents a gain of over $130 in a single day. ETH’s market cap rose to $268.4 billion. The larger percentage move suggests that altcoins are benefiting even more than Bitcoin from the risk-on shift triggered by reduced geopolitical uncertainty.
Other Observations Solana saw the strongest 24-hour gain among major Layer-1s at +6.76%, reaching $85.25. Stablecoins (USDT, USDC) remained flat as expected. The broad-based rally indicates that investors interpreted the ceasefire news as a clear green light for risk assets.Read also: Is Bitcoin (BTC) Really Going to $1 Million or Are Institutions Creating Liquidity to Dump
Crypto Price Predictions for the Upcoming DaysBased only on the ceasefire dynamics and current market structure shown in your image, here are three scenarios for the next 3–5 days:
1. Bitcoin (BTC) – $71,338 today Bullish case (60% probability): If Iran formally agrees to open the Strait of Hormuz within 48 hours, BTC could test $75,000–$76,000. The previous conflict-era high near $76,000 is the next major resistance. Neutral case: Prices consolidate between $70,000 and $72,500 as traders wait for Iran’s official response. Bearish case: If Iran rejects the terms or delays, BTC could pull back to $67,000–$68,500. 2. Ethereum (ETH) – $2,224 today Bullish case: ETH historically moves more aggressively than BTC on positive macro news. A full ceasefire confirmation could push ETH toward $2,400–$2,450 within a week. Neutral case: Range-bound trading between $2,150 and $2,300. Bearish case: A breakdown in talks would likely send ETH back to $2,000–$2,050.Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
The post Crypto Prices Explode on US-Iran Ceasefire News, Bitcoin Pumps Above $71K appeared first on CaptainAltcoin.
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