Crypto markets bounced back in early Asian trading hours on June 24, sparked by US President Donald Trump’s announcement that a ceasefire had been reached between Israel and Iran.

On June 24, Trump posted on Truth Social:

“CONGRATULATIONS TO EVERYONE! It has been fully agreed by and between Israel and Iran that there will be a Complete and Total CEASEFIRE.”

This unexpected development helped reverse losses in the crypto market and triggered a swift surge in the value of major digital assets.

According to CryptoSlate’s data, Bitcoin led the rebound, rising 3% to reclaim levels above $105,000, a few days after briefly dipping below the $100,000 threshold.

Other top 10 digital assets by market capitalization posted even stronger gains, with Ethereum (ETH), Cardano (ADA), and Dogecoin (DOGE) climbing 6% to $2,417, $0.58, and $0.16, respectively.

Notably, Solana (SOL) and XRP outperformed the broader market, climbing over 7% each. Solana touched over $144, while XRP traded at $2.18 as of press time.

Meanwhile, the sudden price spike caught many short sellers off guard, and over $370 million worth of short positions were liquidated across the crypto market.

Traders betting against Ethereum suffered the most, with liquidations topping $119 million. Losses from short positions in major altcoins like Solana, XRP, and Cardano added more than $40 million to the tally.

Market analysts say the rapid response highlights how closely digital assets react to geopolitical events.

Valentin Fournier, a lead analyst at BRN, told CryptoSlate that Trump’s ceasefire claim shifted investor sentiment almost instantly, even though neither country involved had issued formal confirmation.

Fournier cautioned that while markets are rallying on the ceasefire news, similar truces have historically been short-lived. Still, he noted that the sharp rebound shows fear may have reached its peak and that many altcoins could be poised for further gains if tensions remain contained.

He noted:

“Our overweight on Solana paid off, as it outperformed both BTC and ETH, confirming its role as a high beta leader in recovery phases.”

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All UK Financial Conduct Authority (FCA) are planning to lift the ban on notes (ETNs) traded on cryptocurrency exchanges aimed at retail investors.

The FCA banned ETNs in January 2021, citing retail investors’ volatility and complexity.

But with the growing warmth towards cryptocurrencies around the world, the UK doesn’t want to be left behind.

Read more about the UK’s decision on ETN, how the US has major procrypt laws in its work, and how the best cryptography to buy now illuminates these developments.

The UK and the UK accept codes

For those who are unaware, ETN is a debt security instrument offered by certified entities. Its value is associated with the underlying asset, and in the case of crypto, it is a specific coin.

As the price of the underlying asset increases, the price of the ETN increases, and vice versa.

It is noteworthy that UK crypto ownership has increased from 18% in 2024 to 24% in 2025. This is more than the US owner.

Naturally, such growth requires a comprehensive regulatory design to regulate the ownership and use of domestic digital assets.

Meanwhile, in the US, guidelines and establishment of national innovation for the US Stablecoins (Genius) Act is expected to go to floor voting soon.

Overall, a friendly regulatory environment leads to a more thriving crypto market. Bitcoin recently scored a record high of 112K and may have quickly hit $150,000 with positive and aggressive legislative support.

To jump on a crypto train and get the most out of your momentum, consider investing in the next altcoin.

1. Snoter Token ($snort) – The best crypto to buy now, the fastest and most affordable trading bot

The increase in crypto adoption directly affects the growth of Memecoin, already one of the most profitable niches in the crypto space. As a result, Snotter Token There could be significant growth in the coming weeks.

This is a Telegram-Native trading bot designed to snipe (purchase) the best meme coins as soon as they launch using your contact address or pool ID.

This way, it helps to betray bots and whales that spin like sharks in the crypto market.

The Snorter Bot is also safe. It has honeypot and ragpal detection, mint trap detection, real-time blacklist scans, and freeze alerts.

Other useful features include copy trading tools, portfolio tracking, and the lowest trading fee for all competitors (only 0.85%) if you hold $Snort.

You can become an early investor in this amazing meme coin.

Snorter Token Presale It’s quite new, but it still managed to raise over $575,000. Each token is currently on sale for just $0.0947.

2. BTC Bull Token ($btcbull) – Free Bitcoin Theme Meme Coin Free $btc Airdrop

BTC Bull Token ($btcbull) It will help you benefit directly from Bitcoin’s upcoming bull run, but at a small cost.

The impressive feature, the aforementioned $BTC airdrop, comes when Bitcoin first hits $150,000 and $200,000.

However, only those who hold the $btcbull token The best wallet Participating in the AirDrop event on social media will earn you a free $BTC.

Even better for the owners of $btcbull, the project regularly cuts down some of its token supply. This will increase the demand for crypto, and in that case it is likely that prices will rise.

Buy BTC Bull Tokens now for just $0.00255 each. The project has emerged as one of the best crypto pre-appearances, with nearly $7 million in early investors’ funding.

3. Kokok The Roach ($kokok) – Viral new meme coins with massive potential

Kokok The Roach ($kokok) is a new meme coin that was launched towards the end of May, but it has become a force to consider throughout the crypto space.

$kokok has grown by more than 310% since its inception. This has increased by 28%, a thicker 28% over the past seven days.

This charming “nasty” meme coin is proof that there is enough love for your intake to share with other animals besides cute dogs, cats and frogs.

“The King of the Drain Pipes” may be a decent explanation for $kokok, but the fact remains that it could surge beyond the all-time high of $0.20, making it one of the biggest meme coins of the year.

It currently trades at $0.1724, with a market capitalization of $35 million and a trading volume of $1.13 million (an increase of 110% over the past 24 hours).

Despite the increasing adoption of crypto, dyor is needed

Despite the growing bullish outlook behind the market-focused regulatory reforms, it does not guarantee the profits of certain coins.

The crypto market is very unpredictable and unstable, so do your own research before investing. Our articles are purely informed and not financial advice.

A zero-knowledge (ZK) proof altcoin is skyrocketing after gaining support from the top US-based crypto exchange platform, Coinbase.

In a new announcement, Coinbase says it is adding Lagrange (LA) to its suite of products with an experimental label designated for low-liquidity tokens.

“Lagrange is now live on [Coinbase] in the Coinbase iOS and Android apps with the Experimental label. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.”

After the announcement, LA surged from a price of $0.253 on June 4th to a peak of $1.50 just a day later, a staggering 216% gain during the last 24 hours.

According to its official website, Lagrange aims to enhance blockchain utility by providing an efficient platform for generating zero-knowledge (ZK) proofs, which can be verified as true without revealing the underlying information.

“Lagrange’s ZK Prover Network is the foundational layer that offers universal proof generation for a variety of use cases, such as rollups, ZK coprocessing and cross-chain messaging. It is deployed on EigenLayer and supported by over 85 of the top institution-grade operators who each run several provers to deliver ZK proofs that are requested by users.

Due to the specific architecture of Lagrange’s ZK Prover Network, it is able to support high volumes of proof requests without bottlenecks, and offers high liveness guarantees and a simple interface to engage with.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Financial services giant Goldman Sachs is reportedly predicting that the S&P 500 (SPX) will hit a new all-time high over the next 12 months amid improving market conditions.

In an investment note, analysts at Goldman raise their one-year target for the S&P 500 from 6,200 to a new record high of 6,500, reports Bloomberg.

According to a team led by chief US equity strategist David Kostin, the stock market index will rally about 11% from current levels after the White House announced an initial trade deal with China that massively reduces tariffs on both sides.

Says Treasury Secretary Scott Bessent,

“We have reached an agreement on a 90-day pause and substantially moved down the tariff levels — both sides, on the reciprocal tariffs, will move their tariffs down 115%.”

Goldman notes that the agreement between the two economic powerhouses has allayed recession risks and market uncertainty.

While Kostin’s team remains bullish on the stock market over the long term, Goldman strategists believe the recent S&P 500 rally may soon lose steam after hitting their three-month target of 5,900 on Monday. They remain cautious in the near term, warning that current conditions do not support a sustained market rebound.

“Already-optimistic market pricing of the economic growth outlook as well as uncertainty surrounding the magnitude of impending slowdown in economic and earnings growth will likely keep a ceiling on equity multiples during the next few months.”

As of Tuesday’s close, the S&P 500 is trading at 5,886.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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