I saw yesterday that oil prices dropped below $100 per barrel because talks about Iran and the US have reached a peace agreement. This kind of news reduces inflation pressure, so markets seem to relax this week. Bitcoin continues to rise and is now at $73,850, while most altcoins are struggling more.

It's interesting to see how the geopolitical situation is helping crypto. The 15-point peace plan is the most concrete diplomatic move since the war started, and markets seem to have settled because of it. Ether is at $2,320 now but has also dropped significantly this week, Solana is at $83, and Ripple is at $1.35. Others are struggling, but Bitcoin remains strong at $73,850, up 3% over the past week.

The interesting part is that Bitcoin has remained almost unchanged since the conflict began, but all major altcoins have fallen by 4-9%. Now that there are signals of peace, sentiment seems to be stabilizing. Brent crude is at $99.55, and every drop in oil prices helps the Fed avoid raising rates further. If this peace actually becomes a reality in the next few days, we might see a stronger rally in the markets.