Trump's Iran Ceasefire Boosts Bitcoin Past $72K – ETH, SOL, and XRP Show Strong Gains Among Major Cryptos

Written by Emily J. Thompson, Senior Investment Analyst

Source: stocktwits

Updated: Apr 08 2026

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Source: stocktwits

Bitcoin Price Surge: Bitcoin's price crossed $72,000 for the first time in three weeks, following President Trump's announcement of a ceasefire with Iran, which positively impacted market sentiment.
Ethereum Gains: Ethereum experienced significant gains, rising over 8% in the last 24 hours, and improved retail sentiment shifted from 'bearish' to 'neutral' on Stocktwits.
Market Overview: The overall cryptocurrency market gained 4.6% in the last 24 hours, climbing back above the $2.5 trillion mark, with notable performances from altcoins like Solana, Cardano, and XRP.
Retail Sentiment Trends: Retail sentiment around both Bitcoin and Ethereum has improved, with traders expressing optimism about Ethereum's price continuing to rally, although some caution against potential market overexuberance.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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