Bitcoin jumps 4% to $71K as US-Iran ceasefire boosts sentiment; Ethereum follows higher

Improved global geopolitical stability often leads to increased risk appetite, benefiting financial services and technology sectors due to higher investment flows and economic activity. This positive sentiment could drive FII inflows into Indian markets.

Look for opportunities in large-cap financial and IT stocks, with a bullish bias, but maintain stop-losses given the inherent volatility of global events.

For Indian markets, this story mainly matters for the Financial Services, Technology pocket. The current signal is bullish, so traders should watch whether the effect spreads across the sector or stays limited to a single name.

Watch whether the market validates this read through price action, volume, and breadth. If the headline matters, the signal should show up in execution, not just in commentary.

• •Bitcoin jumped 4% to $71,575.
• •Ethereum rose 6.5% to $2,248.
• •The surge followed President Trump's announcement of a two-week ceasefire and plans to reopen the Strait of Hormuz.
• •Global crypto market capitalization increased by 4% to $2.44 trillion.
• •Sensex traded 2,600 points higher and Nifty was up 750 points, cheering the ceasefire (from online context).