XRP and Solana lead crypto recovery on Israel-Iran ceasefire
Crypto markets bounced back in early Asian trading hours on June 24, sparked by US President Donald Trump’s announcement that a ceasefire had been reached between Israel and Iran.
On June 24, Trump posted on Truth Social:
“CONGRATULATIONS TO EVERYONE! It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE.”
This unexpected development helped reverse losses in the crypto market and triggered a swift surge in the value of major digital assets.
According to CryptoSlate’s data, Bitcoin led the rebound, rising 3% to reclaim levels above $105,000, a few days after briefly dipping below the $100,000 threshold.
Other top 10 digital assets by market capitalization posted even stronger…
