April 8: US-Iran Two-Week Ceasefire Announcement, Oil Crashes, and Strong ETF Flows

Crypto markets rallied sharply as Bitcoin broke above $72,000 following President Trump’s announcement of a two-week US-Iran ceasefire, which eased geopolitical fears, crashed oil prices, and boosted risk assets including stocks and altcoins. Ethereum and Solana posted outsized gains, while XRP led weekly fund inflows. Regulatory progress continued with SEC reflections on enforcement and new stablecoin rules from the FDIC, alongside institutional developments like Morgan Stanley’s low-fee Bitcoin ETF launch. Security efforts ramped up on Solana post-Drift exploit, and strong dip-buying in the $60K–$70K BTC range highlighted underlying demand—markets optimistic but closely watching ceasefire durability and macro signals.

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