The crypto market took off this morning! Over the weekend, Iranian officials released peace signals to the CIA, and global risk-off sentiment eased significantly as the Iran-US conflict showed signs of cooling. Oil prices fell in response, and risk assets rallied across the board.

Bitcoin was especially explosive, surging $1,800 in 30 minutes and nearly hitting the 40-day high of $74,300. Over $113 million in short positions were liquidated, and the market even broke through the 50-day moving average with aggressive technical buying.

What's more, Bitcoin spot ETFs recorded net inflows of $767 million over three consecutive weeks, while Ethereum ETFs attracted $161 million, with institutions aggressively piling in. The 20 millionth Bitcoin is about to be mined, igniting FOMO sentiment around scarcity. Total market cap surged $9 billion in 24 hours, with ETH gaining 7.6% in a single day. Did you catch this rally?