Easing Geopolitical Tensions Send Crypto Markets into Bullish Territory
Crypto markets have seen a sudden shift in sentiment, with Bitcoin reclaiming above $65,000 and Ethereum leading gains among major coins. The US and Iran's decision to hold fire for a second consecutive day has led to lower oil prices and a return of risk appetite.
The ETH/BTC ratio has broken higher, adding another bullish signal as it climbs toward 0.030 after breaking above a multi-month downtrend. Historically, this pattern has strengthened before capital rotates into the wider altcoin market.
ETF inflows remain healthy, with spot Bitcoin, Ethereum, Solana, and XRP ETFs attracting a combined $152 million in weekly inflows. Meanwhile, Strategy's four-week Bitcoin purchasing hiatus has sparked speculation about another announcement from Michael Saylor.