The ceasefire shifted market conditions after weeks of pressure from U.S.–Iran tensions that drained liquidity and weakened price structure. As risk faded, capital began returning, first targeting the most liquid assets.

Bitcoin rebounded toward $72,800 with over $33 billion in daily volume. Ethereum moved back into the $2,200–$2,250 range with volume above $14 billion, signaling renewed participation.

This move matters because it reflects how capital re-enters. Instead of spreading across the market, it concentrates on core assets where liquidity and depth remain strongest.

At the same time, this concentration lifts the U.S. Strategic Crypto Reserve, as BTC and ETH drive its valuation higher.

However, the…