Optimism in global financial markets surged following the de-escalation of tensions between the U.S. and Iran. Data from Santiment shows social media discussions about peace reached a monthly high, correlating with strong moves in stocks and precious metals. While the immediate crypto market reaction was muted, analysts suggest digital assets could still catch up if geopolitical stability improves.
Optimism across global financial markets increased after U.S. President Donald Trump announced that planned American strikes on Iran had been canceled. New data shared by Santiment revealed that discussions about peace talks climbed to their highest level this month.
The proposed agreement reportedly includes an extension of the ceasefire and the reopening of the Strait of Hormuz. Santiment said the news triggered a strong reaction in traditional markets within an hour.
Stocks moved sharply higher while gold and silver also gained. Crypto markets, however, showed a weaker immediate response compared to these traditional assets.
Bitcoin was back above $63,000, pushing its weekly gains to a modest 1.7%. The analytics firm believes crypto markets may still have room to recover if confidence in a finalized deal continues.
Separately, online interest in crypto has also picked up. Alphractal reported that Google searches related to crypto have started increasing again in June.
The platform said this indicates renewed interest from retail investors. It explained that spikes in Google Trends often appear during periods of strong fear or excitement.
Other analysts believe the market still needs stronger confirmation. MN Fund founder Michaël van de Poppe said Bitcoin remains largely unchanged. According to him, reclaiming the $64,000 to $65,000 range is necessary for momentum to return.
He added that a major move immediately after the market open appears unlikely. However, van de Poppe said that if lower timeframes continue holding higher lows and tensions are resolved, the market could see a strong green week.
