Pre-market crypto stocks are glowing green after the ceasefire news

Bitcoin, equities, and gold rise while oil and volatility drop amid improving risk sentiment.

What to know:

• Bitcoin briefly topped $72,750 and tech stocks surged, with QQQ up over 3.3% as volatility declined across both crypto and traditional markets.
• Oil prices tumbled sharply, while the 10-year bond yield fell to 4.2%, signalling reduced macro stress following the US–Iran ceasefire.
• Crypto-linked equities are also advancing, with Strategy (MSTR), Galaxy Digital (GLXY), Coinbase (COIN) and Circle (CRCL) all showing healthy gains.

Bitcoin BTC$71,689.40 climbed to as high as $72,750 following news of a two-week ceasefire between the U.S. and Iran, before easing back to just below $72,000.

The move came alongside a broader risk on rally in pre-market trading for equities, with the Invesco QQQ gaining more than 3.3% and the iShares Expanded Tech Software ETF (IGV) posting similar strength. Gold also moved higher, rising over 2% to $4,800 per ounce.

In contrast, oil markets sold off sharply. WTI crude dropped to $92 before rebounding to $96 per barrel, still down more than 12.5%, while Brent crude is lower by over 7.5% in the past 24 hours.

Volatility has compressed across both traditional and crypto markets. The VIX is down 20%, while the Bitcoin Volmex Implied Volatility Index (BVIV) has fallen more than 6% to 46, pointing to calmer conditions.

Crypto-linked equities are also advancing, with Strategy (MSTR), Galaxy Digital (GLXY), Coinbase (COIN) and Circle (CRCL) all showing healthy gains in pre-market trading. Similarly. AI and HPC data centre firms such as IREN (IREN) and Cipher Digital (CIFR) have gained 7% and 9%, respectively.

Bond markets have stabilised, with the U.S. 10-year Treasury yield falling 1.5% to 4.2%.

More For You

Most crypto privacy models weaken as blockchain data grows. Encryption-based models like Zcash strengthen. CoinDesk Research maps the five privacy approaches and examines the widening gap.

Why it matters:

As blockchain adoption scales, the metadata available to machine learning models scales with it. Obfuscation-based privacy approaches are structurally degrading as a result. This report provides a comprehensive comparison of all five major crypto privacy architectures and a framework for evaluating which models remain durable as AI capabilities improve.

More For You

A trader named Loracle closed his short position in oil futures early Wednesday, pocketing $2 million in profit.

What to know:

• A trader named Loracle closed his short position in oil futures early Wednesday and walked away with $2 million in profit.
• Oil prices tanked over 15% on U.S.-Iran ceasefire.
• Hyperliquid-listed oil contracts have registered billions in trading volume, outpacing ether futures.

Crypto's 'AWS' Alchemy unveils tool to make AI payment systems talk to each other

1 hour ago

Crypto whale holding oil shorts walks away with $2 million in profit

1 hour ago

U.S. bank with $1.9 trillion in assets could debut its bitcoin ETF Wednesday

4 hours ago

Attacking bitcoin mining with a quantum computer would require the energy of a star, academics say

4 hours ago

XRP zooms 5% on bitcoin strength, but trend reversal still unconfirmed

5 hours ago

Bitcoin, ether, oil shorts lead $427 million wipeout on US-Iran ceasefire

5 hours ago

CZ says SBF asked for billions 'like a Bologna sandwich' as FTX collapsed

10 hours ago

Bitcoin vaults past $72,000 as U.S. stock futures surge on a two‑week U.S.–Iran ceasefire

10 hours ago

Stablecoin issuers get closer to U.S. federal rules with FDIC's new proposal

15 hours ago

‘Don’t waste time with crypto': Here is what Solana Foundation's cryptic message really means

16 hours ago

Trump-linked World Liberty faces scrutiny over ties to sanctioned network: The Times

15 hours ago

DeFi yields are crashing so hard that they can't compete with a traditional savings account

18 hours ago

In this article

BTCBTC$71,689.40◢3.67%