Bitcoin surged 4.7% to $71,835.6 after US President Trump announced a two‑week ceasefire with Iran.
The ceasefire, backed by Pakistan, could reopen the Strait of Hormuz and lifted risk sentiment, pushing Wall Street futures over 3% higher.
Altcoins followed Bitcoin’s rally, with Ether up 6.9% to $2,250.15 and other tokens gaining 2‑8%.
FDIC proposed new stablecoin regulations under the GENIUS act, separating deposit insurance from traditional banks while Clarity act debate continues.