Crypto Could Still Catch Up After Iran De-Escalation Sparks Global Market Rally: Data

Stocks, gold, and silver rallied sharply following Trump’s announcement, while crypto markets showed a slower initial response.

Optimism across global financial markets increased after US President Donald Trump announced that planned American strikes on Iran had been canceled.

New data shared by Santiment revealed that discussions on social media about peace talks, ceasefires, agreements, and conflict resolution climbed to their highest level this month following reports that negotiators are nearing a deal.

Iran Ceasefire Optimism

The proposed agreement is said to include an extension of the ceasefire, the reopening of the Strait of Hormuz, and the restart of diplomatic discussions. Santiment said the development triggered a strong reaction in traditional markets within an hour of the news emerging.

Stocks moved sharply higher, while gold and silver also gained as traders adjusted positions in response to expectations of a more stable geopolitical environment and a better economic outlook.

Crypto markets, however, showed a weaker immediate response compared to traditional assets. Bitcoin was back above $63,000, pushing its weekly gains to a modest 1.7%. But the analytics firm believes that if confidence in a finalized deal continues increasing, crypto markets may still have room to recover as traders react to easing geopolitical uncertainty in 2026.

Separately, online interest in crypto has also picked up. Alphractal reported that Google searches related to crypto have started increasing again in June, which indicated renewed interest from retail investors. The platform said more people are searching for different crypto assets as they reconnect with the market and explained that spikes in Google Trends often appear during periods of strong fear or excitement.

Traders Stay Cautious

Other analysts believe the market still needs stronger confirmation. MN Fund founder Michaël van de Poppe said Bitcoin remains largely unchanged, with no confirmed breakout above the crucial $64,000 to $65,000 range. According to him, reclaiming that level is necessary for momentum to return across crypto markets.

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He added that a major move immediately after the market open appears unlikely, partly because of the SpaceX IPO taking place today. However, van de Poppe said that if lower timeframes continue holding higher lows and tensions in the Middle East are resolved, the market could see a strong green week ahead in addition to improving liquidity flows into crypto assets.