#加密市场上涨 As the situation in Iran eases, the cryptocurrency market has regained strength. Bitcoin briefly broke through $71,000 during trading, with a 24-hour increase of over 5%; the second-largest cryptocurrency, Ethereum, rose nearly 4%, XRP and Dogecoin surged over 5%, and Solana and Cardano increased over 4% each.
Earlier, Trump stated that the Iran conflict would be "resolved soon," which helped reverse market sentiment from risk-averse mode on Monday. Richard Galvin, co-founder of hedge fund DACM, pointed out: "The market interprets Trump's latest statement as the Iran conflict possibly ending sooner than expected. However, the risk is that the market may misread Trump's remarks, or that Israel, the US, or Iran may take actions to escalate the conflict, eliminating the option for de-escalation."
On Monday, Trump attempted to ease concerns about energy prices during a press conference at Mar-a-Lago in Florida. He said the government is "seeking to keep oil prices low" and hinted at the possibility of exempting some oil sanctions, allowing US Navy escort tankers through the Strait of Hormuz.
As a result, the European Stoxx 600 index posted its largest single-day gain since April, and US stock index futures moved higher in tandem. Brent crude oil prices fell more than 7% to around $91 per barrel, well below the $119.5 peak reached on Monday.
Since the US and Israel launched airstrikes against Iran on February 28, Bitcoin has demonstrated relatively stable asset characteristics. Pratik Kala analyzed: "After the outbreak of war, Bitcoin buying pressure remained strong, with the $68,000 level forming a solid support. If it effectively breaks through $73,000, the next strong resistance level is at $87,000."
So far this month, Bitcoin has even outperformed traditional safe-haven assets like gold. Although Bitcoin declined initially after the airstrikes on Iran, its cumulative increase this month is about 7%, while gold has fallen 2% during the same period.
Notably, Bitcoin volatility has significantly increased this week, with the 30-day implied volatility index reaching a two-week high. Since the sharp correction in October last year, this lack of sustained upward momentum has become the norm, and Bitcoin is still down more than 40% from its all-time high of $126,000. Options market data shows that traders continue to position for downside protection, with Bitcoin put options concentrated around the $60,000 level on Derivatives exchanges.
