Crypto markets rallied sharply on June 15 as oil prices continued falling amid optimism surrounding a preliminary framework agreement between the United States and Iran.
Bitcoin climbed more than 4% over the past 24 hours, while several major altcoins posted even stronger gains as broader market risk appetite improved.
Ethereum rose nearly 10%, XRP gained over 12%. Solana also advanced more than 11% as traders rotated into higher-beta crypto assets alongside easing geopolitical tensions.
The move came as WTI crude prices extended a multiweek decline, falling toward the low-$80 range. It traded above $100 earlier this year amid heightened fears over the Strait of Hormuz and the potential escalation of regional conflict.
