By Omkar Godbole (All times ET unless indicated otherwise)
It’s risk-on again for markets after a Reuters report suggested a ceasefire plan between the U.S. and Iran could come into effect on Monday, potentially reopening the Strait of Hormuz.
Bitcoin has climbed over 4% over 24 hours to nearly $70,000, lifting sentiment across the broader market. The CoinDesk 20 Index and XRP (XRP) also added 4%, while ether (ETH) jumped over 5%, alongside a 3% gain in solana (SOL).
The tone is reinforced by bullish signals in the futures market, a continued decline in bitcoin’s 30-day implied volatility index, and a 0.8% gain in Nasdaq 100 futures.
Meanwhile, Michael Saylor, founder of Strategy — the world’s largest publicly listed…
