Crypto Markets Rebound on Trump's Iran Comments

Crypto markets have shown resilience in the face of global economic uncertainty, rebounding on Tuesday after a volatile session.

President Trump's comments that U.S. military objectives in Iran were 'pretty well complete' and that the war was 'very far' ahead of its original timeline helped to ease fears of further market disruption.

The news sent shockwaves through oil markets, with West Texas Intermediate crude plummeting from highs above $119 a barrel to around $88 per barrel.

Asian equities surged 2% on Tuesday, while tech stocks in the MSCI Asia Pacific index jumped 3.5%. The Dow Jones futures rose 0.28%, with S&P 500 and Nasdaq 100 contracts also ticking higher.

In crypto, ether climbed back above $2,000 to $2,029, recovering a key level it had struggled to hold since late February. Solana led gains at 2.9%, reaching $85.67. BNB added 2.6% to $639, while XRP rose 1.7% to $1.37.

Despite the market turmoil, institutional investors continued to pour money into crypto funds, with CoinShares reporting $619 million in inflows for the week ending Friday. Bitcoin products took the lion's share of this, pushing total assets under management to $108.3 billion.