Bitcoin price jumps above $106k after US President Donald Trump announced a surprise ceasefire between Iran and Israel, easing global tensions and restoring investor confidence. The crypto market saw bulls stepping in strong, with Bitcoin trading at $105,077.64—up 3.56%—and Ethereum, Solana, Sui, and others rallying up to 13%. Analysts say this risk-on sentiment could grow stronger if the US Fed signals rate cuts. Traders now watch Jerome Powells speech closely for hints. With Bitcoins range between $99,705 and $106,116 in 24 hours, the crypto momentum is back—and altcoins are right behind it in this market rebound.