Crypto, Stocks Slide After Trump Declares Iran Ceasefire Over

President Donald Trump said Tuesday the ceasefire with Iran is "over," accusing Tehran of violating the terms. The announcement sent stocks and cryptocurrencies lower as investors repriced the risk of a broader Middle East conflict.

The ceasefire had held for several weeks, allowing crude oil prices to ease and equity markets to recover. Tuesday's statement reversed that trajectory. No specifics on the alleged violations were provided.

Bitcoin led the crypto selloff, falling alongside major equity indexes. The S&P 500 and Nasdaq each declined. The moves extended into after-hours trading.

Trump's declaration came without advance notice. The White House did not immediately detail next steps. Traders are now watching for any military response or diplomatic follow-up from Tehran. The next concrete marker is an official statement from Iran or the U.S. State Department.

For traders already positioned for a continued detente, the reversal creates a sharper risk-off setup. Bitcoin's sensitivity to geopolitical shocks means any further escalation could test recent support levels. A de-escalation, by contrast, would likely spur a relief rally in risk assets. For now, the uncertainty keeps the bias tilted toward safe havens.