Crypto Markets Rally as Geopolitical Tensions Ease: ETH/BTC Ratio Signals Alt Season

The cryptocurrency market has kicked off the week with a renewed sense of optimism, reversing the cautious mood that dominated just days ago. Traders who were bracing for further geopolitical escalation have been pleasantly surprised as the United States and Iran have now refrained from hostile actions for two consecutive days. This de-escalation has triggered a 5% drop in oil prices and a broad return of risk appetite across financial markets. For those wondering why crypto prices are rising, the improving macro backdrop is a key factor. Additionally, the ETH/BTC ratio has flashed a significant signal that historically precedes an altcoin season, suggesting that alternative cryptocurrencies may soon outperform Bitcoin.