Cryptocurrency markets added roughly $75 billion in total market value after Donald Trump announced that a peace agreement involving Iran and several Middle Eastern countries was largely negotiated and nearing finalization. The proposed deal reportedly includes reopening the Strait of Hormuz, one of the world’s most important energy shipping routes, which had heavily impacted oil prices and broader global market sentiment.

The reaction highlights how closely crypto markets are now tied to geopolitical developments and macroeconomic stability. Bitcoin briefly recovered toward $77,000 after the announcement as investors responded positively to signs of potential de escalation. While crypto remains highly volatile, the market’s rapid response shows that global conflict, energy supply disruptions, and international diplomacy are increasingly becoming major drivers of digital asset pricing alongside traditional financial factors.