Bitcoin vaults past $72,000 as U.S. stock futures surge on a two‑week U.S.–Iran ceasefire

Risk assets rose late Tuesday as oil collapsed after Trump and Iran confirmed the two-week ceasefire. What to know : Bitcoin jumped to $72,700, with broader crypto and U.S. stock futures rallying after former President Donald Trump announced a two-week cease-fire with Iran. Oil prices tumbled more than 10%, with West Texas Intermediate crude falling to about $95 a barrel as the cease-fire eased fears over disruptions in Middle East energy supplies. The surge in bitcoin triggered nearly $600 million in leveraged crypto futures liquidations, mostly from short sellers, signaling a powerful short squeeze and reinforcing bullish momentum.