Crypto Soars, Oil Tumbles on 2-week Ceasefire News, Markets Ripping

Crypto majors soared after a 2-week Iran ceasefire was announced; BTC +5% at $71.6k; ETH +8% at $2,250; SOL +7% at $85; HYPE +8% at $39.30. ZEC (+26%), ZRO (+20%), and ENA (+14%) led top movers. Oil +4% at $114; Gold -1% at $4,640. Circle announced the launch of its Stablecoin Payouts for its Singapore partners, expandings its payments business in Asia. The Solana Foundation unveiled a post-Drift DeFi security program including 24/7 threat monitoring for protocols with more than $10M in deposits and a dedicated incident response network of security firms. World Liberty Financial faces scrutiny over ties to a sanctioned Asia-based blockchain project after a deal with individuals later flagged over alleged connections to a major fraud network.