Crypto Markets Rally as Trump Signals Iran War End, Oil Dips Below $100

Crypto markets rallied as oil dipped below $100 after Trump said the Iran war would end in two to three weeks.

“Crypto rebounds as oil dips on Trump comments, but derivatives signal weak conviction Bitcoin and ether rise alongside altcoins, yet muted open interest suggests the rally may rely on spot demand and short covering rather than strong leverage”

@coindesk

Bitcoin climbed about 2.65% while altcoins like Algorand jumped sharply.

@coindesk

Futures data showed rising volume but flat open interest, suggesting the rally lacked strong leveraged conviction.

The Atlantic Council described the campaign as a high-risk gamble.

Trading volumes rose 23% to $210 million over 24 hours, but open interest remained stable at around $106 billion.

Open interest diverged from Bitcoin’s recovery, indicating the rebound was not driven by leveraged positions.

CNBC

Elevated leverage in ETH and ZEC raised the risk of a pullback.

The divergence highlighted the fragility of the rally amid geopolitical uncertainties.

FTX briefly halted BCH trading due to heightened volatility.

“Oil prices swung in volatile trading on Tuesday as traders assess President Donald Trump’s reported statements on ending the war in Iran”

CNBC Africa

Coinbase saw a $10 million net inflow, reversing three weeks of outflows.

Asian markets rallied on easing war concerns, but global equities remained under pressure.

Trump’s casual framing of the war’s end raised questions about durability.