US-Iran Tensions Pause Sends Crypto Markets Soaring

Crypto markets have shifted from fear to hope after a pause in US-Iran tensions sent oil prices plummeting. The shift in sentiment has lifted crypto, with Bitcoin reclaiming $65,000 and Ethereum leading gains among major coins.

The ETH BTC ratio has broken above a multi-month downtrend, signaling a potential alt season. This ratio has historically strengthened before capital rotates into the wider altcoin market.

Healthy ETF inflows and aggressive short liquidations have also contributed to the rally. Institutional demand remains strong, with spot Bitcoin, Ethereum, Solana, and XRP ETFs attracting $152 million in weekly inflows.