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Cryptos rise as US-Iran ceasefire boosts market optimism; analysts see likely bottom for Ethereum and altcoins.

Market News
26 Jul 2026
Benzinga
View Source
Bullish
pluang ai news

Leading cryptocurrencies like Bitcoin and Ethereum rose following a pause in US-Iran hostilities, lifting investor sentiment and stock futures. Bitcoin reached $65,500 before facing resistance, while Ethereum spiked to $1,960. Market data shows significant short covering, signaling reduced bearish bets despite prevailing fear sentiment. Analysts suggest the crypto market bottom is likely in, with strong potential in Ethereum and altcoins outperforming Bitcoin, indicating a possible bullish trend ahead.

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