Bitcoin Smashes Past $78K on Iran Ceasefire Extension: $460M Liquidations Rock Crypto Traders

Bitcoin has powered through the mark, fueled by fresh hope from a Middle East . This surge has lit a fire under the entire crypto market, pushing total value over $2.7 trillion. But it’s not all smooth sailing—traders got hit hard with nearly < $460M Liquidations Rock Crypto Traders> in just 24 hours.

What Sparked the Rally?

The big news came from US President Donald Trump. He announced an extension to the ceasefire with Iran, saying it would stay in place while waiting for a “unified proposal.” He also noted Iran’s government is “seriously fractured.” This eased fears of wider conflict, boosting risk appetite everywhere.

Global stocks felt the lift too. S&P 500 futures climbed 0.5%, and Nasdaq 100 futures rose 0.6%. Crypto followed suit. with a 2.2% jump in 24 hours and 4.3% over the week, hitting $78,145. It’s a breakout from recent wild swings tied to headlines.

This isn’t the first time. Back in April, a two-week pause in US-Iran hostilities sent prices up. Now, the extension is doing the same, drawing traders back to risk assets like crypto.

Crypto Market Gains Across the Board

The rally lifted many coins. Here’s a quick look at top movers:

• Ethereum (ETH): Up 2.1% to $2,366
• BNB: Gained 1.3% to $640
• Solana (SOL): Rose 1.8% to $87
• Monero, Bitcoin Cash also posted strong gains

Most top 10 cryptos traded green. Only stablecoins and Tron dipped slightly. Total market cap crossed $2.7 trillion, showing broad strength.

Oil stayed steady at $98 per barrel for Brent crude. Asia’s MSCI Pacific Index fell 0.7% as worries linger, but crypto held firm on the ceasefire buzz.

MicroStrategy’s Massive Bitcoin Buy Adds Fuel

Corporate demand stepped up too. MicroStrategy revealed a huge purchase: 34,164 BTC for $2.54 billion at $74,395 per coin. Their total stash now sits at 815,061 BTC, bought for $61.6 billion at an average of $75,527.

With BTC above their average cost, they’re in modest profit. This is their biggest buy since November 2024—a clear bullish signal from big players.

Investor Inflows Signal Growing Confidence

Fund data backs the momentum. CoinShares says global crypto funds saw $1.4 billion in inflows last week:

• Bitcoin: $1.12 billion
• Ethereum: $328 million
• Chainlink and Sui also drew cash
• XRP and Solana had outflows, despite price pops

This fresh money shows investors betting on more upside.

<$460M Liquidations Rock Crypto Traders>: Shorts Get Squeezed

The quick rebound crushed leveraged bets. Liquidations hit $460 million in 24 hours, with 70% from short positions. Bitcoin saw $212 million wiped out, Ether $123 million. The largest single hit on Bitget topped $7.5 million.

Over 110,000 traders got liquidated. It highlights how fast sentiment flips— from fear to greed—after news like the .

What Does This Mean for Crypto’s Future?

The move breaks resistance and eyes higher targets. Geopolitical calm, plus corporate buys and inflows, builds a strong base. But watch oil prices and regional tensions—they could swing things back.

Leveraged traders learned a hard lesson: high risk means high pain in volatile times. For long-term holders, this rally reinforces Bitcoin’s safe-haven appeal amid global uncertainty.

Stay tuned as markets digest this. More ceasefire updates or big buys could push BTC toward $80K soon.

Key Takeaways

• on Trump ceasefire news
• Market cap tops $2.7T; ETH, SOL, BNB gain
• MicroStrategy adds 34K BTC
• $1.4B fund inflows last week
• $460M liquidations hit shorts hard

Crypto’s tied tighter to world events. This rally shows how peace news can supercharge digital assets.