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Analyst Says Middle East Ceasefire ‘Best Trigger’ For Crypto Market Strength

cryptonews100_tggfrn by cryptonews100_tggfrn
May 22, 2026
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Analyst Says Middle East Ceasefire ‘Best Trigger’ For Crypto Market Strength
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Main cryptocurrencies moved sideways, whereas shares rose additional on Thursday, as merchants pinned their hopes on an Iran ceasefire.

Cryptocurrency

24-Hour Beneficial properties +/-

Worth (Recorded at 9:10 p.m. EDT)

Bitcoin (CRYPTO: BTC)

-0.76%

$77,336.44

Ethereum (CRYPTO: ETH)
               

-0.73%

$2,127.64

XRP (CRYPTO: XRP)                         

-0.59%

$1.36

Solana (CRYPTO: SOL)                         

+0.19%

$86.67

Dogecoin (CRYPTO: DOGE)             

+0.65%

$0.1050

Crypto Restoration Stalls

Bitcoin failed to carry positive factors above $78,000, whereas Ethereum stalled close to $2,150 as main cryptocurrencies remained flat.

Cryptocurrency-related shares gained, with Coinbase International Inc. (NASDAQ:COIN) and Bitmine Immersion Applied sciences Inc. (NYSE:BMNR) closing up 1.19% and 1.13%, respectively.

Roughly $100 million was liquidated prior to now 24 hours, evenly cut up between lengthy positions and brief positions, according to Coinglass information.

Bitcoin’s open curiosity fell 2.25% during the last 24 hours. Curiously, nearly all of retail and whale merchants on Binance had been positioned lengthy on the apex cryptocurrency.

“Worry” sentiment prevailed available in the market, according to the Crypto Worry & Greed Index.

Prime Gainers (24 Hours) 

Cryptocurrency (Market Cap>$100 M)

Beneficial properties +/-

Worth (Recorded at 9:10 p.m. EDT)

Grass (GRASS)

+27.49%

  $0.4148

Nexus (NEX)                   

+18.92%

  $0.000005983

NEAR Protocol (NEAR)            

+15.85%

  $1.99

The worldwide cryptocurrency market capitalization stood at $2.59 trillion, following a rise of 0.89% during the last 24 hours.

Shares Shut At Report Highs

Shares rallied to file highs on Thursday. The Dow Jones Industrial Common rose 276.31 factors, or 0.55%, for a closing file of fifty,285.66. The S&P 500 lifted 0.17% to 7,445.72, whereas the tech-heavy Nasdaq Composite gained 0.09% to finish at 26,293.10.

Buyers have been optimistic after President Donald Trump mentioned earlier within the week that negotiations with Iran are within the “last phases.”

The United States Oil Fund (NYSE:USO), which tracks West Texas Intermediate crude oil, has fallen 2% during the last week.

BTC Miners Not Pricing In A Backside But?

Blockchain analytics agency CryptoQuant famous that whereas Bitcoin miners are decreasing their reserves, they don’t seem to be “promoting aggressively” in comparison with historic averages.

“One of these habits is usually seen close to market backside formations. That means miners nonetheless don’t imagine Bitcoin has totally entered a real backside zone but,” CryptoQuant added.

Bitcoin Miners Do Not Imagine the Market Is at a Backside But

“The decline in reserves nonetheless implies BTC provide coming into the market. Nonetheless, the weak MPI suggests these gross sales aren’t giant sufficient to set off a collapse. For this cause, the chart factors to continued sideways… pic.twitter.com/tUYGSzmeQE

— CryptoQuant.com (@cryptoquant_com) May 21, 2026

Extensively adopted cryptocurrency analyst and dealer Michaël van de Poppe mentioned {that a} Middle East ceasefire could be the “greatest set off for energy” on the cryptocurrency market.

Van De Poppe acknowledged {that a} ceasefire would ease broader macro headwinds,  pushing oil costs down, reducing U.S. Treasury yields, and prompting additional corrections in gold and silver, circumstances that might help a rebound in altcoins.

A stop fireplace within the Middle East is the most effective set off for energy on the crypto markets.

It is fairly straightforward.

The whole lot has been a inexperienced mild for altcoins, apart from the macro circumstances on the planet.

If there is a stop fireplace, the most definitely impacts:
– Yields will go down in…

— Michaël van de Poppe (@CryptoMichNL) May 21, 2026

Photograph Courtesy: vinnstock on Shutterstock.com

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This text Bitcoin, Ethereum, XRP, Dogecoin Move Sideways: Analyst Says Middle East Ceasefire 'Best Trigger' For Crypto Market Strength initially appeared on Benzinga.com

© 2026 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.





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