The crypto market saw a rebound on June 24, 2025, as U.S. President Donald Trump claimed success in negotiating a ceasefire between Israel and Iran. Within 24 hours of the announcement, Ether (ETH) climbed back above $2,400, with Solana (SOL) reaching $145.59 and Cardano (ADA) hitting $0.59321—all reflecting an approximate 7% increase. These gains coincided with a recovery in total crypto trading volumes, reversing a difficult start to the week that saw $600 million in liquidations. Other cryptocurrencies like XRP, BNB, and Dogecoin also experienced rises ranging from 4% to 6%.
In the broader marketplace, the CoinDesk 20 index rose over 3%, suggesting traders are rotating back into altcoins amid the easing geopolitical tensions. Even though the ceasefire details remained unconfirmed, market participants seemed optimistic. Augustine Fan of SignalPlus noted, “We think the market will soon normalize and move on from the latest geopolitical episode.”
Meanwhile, Bitcoin (BTC) has been stabilizing around $105,000, with experts expressing confidence in its resilience despite the volatility in traditional markets. Kay Lu, CEO of HashKey Eco Labs, commented on Bitcoin's strength to maintain its position, viewing it as potentially acting as a macro hedge amid ongoing financial conditions.
Yet, some analysts warn of possible profit-taking that could temper the current upward momentum, especially within segments perceived as overheated, like Ether. As the crypto space reacts to shifting macroeconomic trends, investors are advised to stay informed and cautious.
In the broader marketplace, the CoinDesk 20 index rose over 3%, suggesting traders are rotating back into altcoins amid the easing geopolitical tensions. Even though the ceasefire details remained unconfirmed, market participants seemed optimistic. Augustine Fan of SignalPlus noted, “We think the market will soon normalize and move on from the latest geopolitical episode.”
Meanwhile, Bitcoin (BTC) has been stabilizing around $105,000, with experts expressing confidence in its resilience despite the volatility in traditional markets. Kay Lu, CEO of HashKey Eco Labs, commented on Bitcoin's strength to maintain its position, viewing it as potentially acting as a macro hedge amid ongoing financial conditions.
Yet, some analysts warn of possible profit-taking that could temper the current upward momentum, especially within segments perceived as overheated, like Ether. As the crypto space reacts to shifting macroeconomic trends, investors are advised to stay informed and cautious.
