Just caught wind of this geopolitical shift that's sending shockwaves through the markets. Trump announced a two-week ceasefire with Iran, and honestly, you can feel it across all asset classes right now. Bitcoin jumped hard to around $72.2K, up nearly 2% in the last day alone. But here's what's wild - stock futures are surging too, with S&P 500 futures climbing 1.9% and Nasdaq futures popping 2.2%, so the risk-on sentiment is clearly flowing through both crypto and traditional markets.

The real kicker? Oil prices absolutely tanked over 10%, with WTI crude dropping to roughly $95 a barrel. That's the market pricing in reduced geopolitical risk in the Middle East. For weeks before this, uncertainty around Iran kept traders nervous and crypto capped, but now that pressure's finally releasing. You can see it in the liquidations too - nearly $600 million in leveraged futures got wiped out, with over $400 million coming from short sellers getting squeezed. That's the kind of momentum shift that usually sticks around for a bit.

XRP is hanging around $1.34 with modest ETF inflows, but it's still riding this broader risk-on wave. The whole market's basically saying the same thing right now: geopolitical de-escalation is good for risk assets, whether we're talking stock futures or crypto. Obviously this ceasefire is just two weeks, so we'll see if this holds or if we're back to hedging mode soon.