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Cryptocurrency costs spiked early Monday night as President Donald Trump stated on social media that Iran and Israel have agreed to a ceasefire, purportedly placing an finish to days of bombing.

Bitcoin is up 5% on the day, topping $105,000 following a fast surge simply now following Trump’s announcement. The value of the main cryptocurrency had fallen under $100,000 on Sunday, after U.S. forces bombed Iran nuclear websites late Saturday, however had began recovering and returned over that mark by the tip of the weekend.

Different high property like Ethereum, XRP, and Solana are additionally rising following the information.

Editor’s be aware: This story is breaking and can be up to date with extra particulars.