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24/7 Wall St.

Ripple and Ethereum Jump 9%, Bitcoin Gains 4% as Iran Truce Sparks Crypto Rally

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Ripple and Ethereum Jump 9%, Bitcoin Gains 4% as Iran Truce Sparks Crypto Rally
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⏷ This article is from 2026-06-15 • More recent news →
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Ripple and Ethereum Jump 9%, Bitcoin Gains 4% as Iran Truce Sparks Crypto Rally. The rally was led by XRP and ETH, each up about 9% to roughly $1.237 and $1,811, respectively, while Bitcoin climbed 4% to around $66,332. Geopolitical relief surrounding the US-Iran peace agreement and the reopening of the Strait of Hormuz boosted risk appetite across crypto and equities, with Polymarket pricing signaling rising confidence in a permanent peace deal. Crude oil cooled to about $95 per barrel, supporting a more favorable macro backdrop. The move highlights how geopolitical developments can drive broad-based momentum across crypto markets and risk assets.

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