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Cryptocurrency markets rebounded sharply after former U.S. President Donald Trump announced a ceasefire between Iran and Israel. Major altcoins like Sui, Chainlink, and Avalanche led the gains, erasing losses from the weekend’s geopolitical tensions.
- Sui (SUI) surged 11.8%, Chainlink (LINK) gained 9.7%, and Avalanche (AVAX) rose 5.6% post-ceasefire announcement.
- Bitcoin rebounded 3.1% to $105,000, nearly erasing weekend losses tied to Middle East tensions.
- Analysts warn the rally may be fragile, citing unresolved geopolitical risks and long-term dependence on inflation trends and stablecoin adoption.
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