#加密市场上涨 As the situation in Iran eases, the cryptocurrency market has regained strength. Bitcoin briefly broke through $71,000 during trading, with a 24-hour increase of over 5%; the second-largest cryptocurrency, Ethereum, rose nearly 4%, XRP and Dogecoin surged over 5%, and Solana and Cardano increased over 4% each. Earlier, Trump stated that the Iran conflict would be "resolved soon," which helped reverse market sentiment from risk-averse mode on Monday. Richard Galvin, co-founder of hedge fund DACM, pointed out: "The market interprets Trump's latest statement as the Iran conflict possibly ending sooner than expected. However, the risk is that the market may misread Trump's remarks, or that Israel, the US, or Iran may take actions to escalate the conflict, eliminating the option for de-escalation." On Monday, Trump attempted to ease concerns about energy prices during a press conference at Mar-a-Lago in Florida. He said the government is "seeking to keep oil prices low" and hinted at the possibility of exempting some oil sanctions, allowing US Navy escort tankers through the Strait of Hormuz. As a result, the European Stoxx 600 index posted its largest single-day gain since April, and US stock index futures moved higher in tandem. Brent crude oil prices fell more than 7% to around $91 per barrel, well below the $119.5 peak reached on Monday. Since the US and Israel launched airstrikes against Iran on February 28, Bitcoin has demonstrated relatively stable asset characteristics. Pratik Kala analyzed: "After the outbreak of war, Bitcoin buying pressure remained strong, with the $68,000 level forming a solid support. If it effectively breaks through $73,000, the next strong resistance level is at $87,000." So far this month, Bitcoin has even outperformed traditional safe-haven assets like gold. Although Bitcoin declined initially after the airstrikes on Iran, its cumulative increase this month is about 7%, while gold has fallen 2% during the same period. Notably, Bitcoin volatility has significantly increased this week, with the 30-day implied volatility index reaching a two-week high. Since the sharp correction in October last year, this lack of sustained upward momentum has become the norm, and Bitcoin is still down more than 40% from its all-time high of $126,000. Options market data shows that traders continue to position for downside protection, with Bitcoin put options concentrated around the $60,000 level on Derivatives exchanges.

- Oil prices declined after Trump’s statement that a war with Iran could end "very soon." Trump said on Monday that the war with Iran, which involved Gulf countries in response to attacks by the Islamic Republic, could end "very soon." Despite his optimism that the United States has "already achieved many victories," the president added that he is not declaring the mission over. Despite ongoing American and Israeli strikes on Iran, the Islamic Republic has confirmed it will continue fighting, according to The Guardian. The Iranian Revolutionary Guard also continued to block ships passing through the Strait of Hormuz, exacerbating the oil crisis. Meanwhile, oil prices fell from a high of $114 per barrel on Monday to $83, and stabilized around $89 at the time of writing this report. Risk assets, including cryptocurrencies, may continue to gain if sentiment improves and oil prices remain at low levels, reducing the risk of rising inflation. Brent crude oil price chart - Return of funds to Bitcoin ETFs while Ethereum and XRP see outflows. Bitcoin ETFs started the week positively, recording $167 million in inflows on Monday. This renewed institutional interest marks a break from a two-day streak of outflows, according to SoSoValue data. Total inflows reached $55.54 billion, with net assets at $88.34 billion. Bitcoin ETF inflows | Source: SoSoValue On the other hand, Ethereum spot ETFs continued their third consecutive day of withdrawals, with investors pulling approximately $51 million on Monday. Interest in these funds remains volatile amid decreasing cumulative inflows, which totaled $11.58 billion. The total assets under management stand at $11.53 billion. Ethereum ETF inflows | Source: SoSoValue XRP ETFs also saw outflows, with withdrawals rising to $18 million on Monday, up from nearly $17 million on Friday. Total inflows amounted to $1.22 billion, with net assets at $971.36 million. Price volatility, macroeconomic uncertainty, and geopolitical tensions are among the factors driving risk aversion toward XRP. XRP ETF inflows | Source: SoSoValue