Bitcoin Don Pass $106K as Ceasefire Make Crypto Soar
Bitcoin climb pass $106,000 afta news say Iran and Israel don settle for truce wey make global market risk reduce. Traders push BTC up almost 3% from di recent low of $98,500. Ethereum (ETH), Solana (SOL) and XRP join the racing with 8–10% surge. US stock futures gain 0.5% as crude oil drop from over $75 to about $65 per barrel. Plus new tori wey dem go cut US Federal Reserve rates soon, better expectations for soft money policy reduce the opportunity cost to hold non-yielding crypto. Dis combination bring investors confidence back and carry broad crypto rally waka.
Bullish
Di news wey talk say Iran and Israel don agree to stop fight plus wetin people dey expect from Fed to cut rate don join dey reduce how people feel risk and how much e go cost to hold crypto. For short time, traders dey move money to Bitcoin and main altcoins, wey dey make price climb sharp sharp. If, for long run, peace hold and Fed begin ease policy, big company fit need more, wey go fit keep BTC and other digital things we no dey give yield steady on top price.