Traders pushed cryptocurrency and equity futures prices higher following news that the United States and Iran are set to sign a peace agreement. Moonrock Capital founder Simon Dedic suggested that such a deal could trigger a major rally in risk assets, similar to historical patterns observed after conflicts ended. Market data showed immediate gains for Bitcoin and other major cryptocurrencies, with analysts citing eased geopolitical pressure as a key driver for the positive sentiment.
Financial markets reacted swiftly to reports of a potential peace deal between the United States and Iran. Equity futures and cryptocurrency prices moved higher soon after former President Donald Trump confirmed the “Great Deal” in a social media post.
Moonrock Capital founder Simon Dedic argued that a signed agreement could mark the start of a major rally across risk assets. He cited historical precedents where markets recovered quickly after hostilities ceased, such as after the Korean and Iraq wars.
Dedic noted that geopolitical tension has been a major suppressant of risk appetite recently. He pointed out that Bitcoin was trading near $65,000, down significantly from its all-time high, with many altcoins performing worse.
The proposed agreement would extend the current ceasefire and reopen the Strait of Hormuz according to market commentary. It would also reportedly initiate negotiations on Iran’s nuclear program and the potential lifting of sanctions.
Market movements were already visible following the announcement. S&P 500 futures rose 0.8% while Nasdaq futures gained 1.3% in early trading.
Bitcoin moved to its highest level in almost two weeks as the news broke. Ethereum also climbed back above $1,800 after struggling below that level for days.
Other cryptocurrencies like XRP, Solana, and Cardano posted notable gains. Among major assets, Hyperliquid saw the strongest uptick with a 10% price increase in a single day.
Dedic stated, “Everyone who’s been looking like an idiot for the last few months will soon look like a genius.” The analyst believes crypto, as the most volatile major asset class, would be first to benefit from easing macro pressure.
