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The broader cryptocurrency market rebounded after President Donald Trump announced a ceasefire between Israel and Iran. After he announced a complete ceasefire on Truth Social, the Bitcoin (BTC) rose 2%, climbing from $104,000 to $106,000. Other cryptocurrencies, including XRP, Solana, and Ethereum (ETH), have also experienced growth, resulting in a 3% increase in the overall crypto market capitalization, rising from $3.19 trillion to $3.27 trillion since the ceasefire was announced.