US-Iran Ceasefire Boosts Bitcoin and Stocks

The ongoing tensions between the US and Iran have taken a pause, resulting in a surge of risk appetite across financial markets. Bitcoin rose above $65,000, up 1.2% in 24 hours, while Ether gained 3% to near $1,950.

The ceasefire has also led to a decrease in oil prices, with Brent crude falling below $87 per barrel. This easing of inflation pressure could have a positive impact on the Federal Reserve's upcoming decision on interest rates.

The US stock market is also experiencing a boost, with futures rising 0.7% for the S&P 500 and 1.4% for the Nasdaq-100. Earnings season is set to peak this week, with major tech companies such as Microsoft, Meta, Apple, and Amazon reporting their quarterly results.