Bitcoin rose 4.3% in the past 24 hours and briefly topped $72,700 after the White House said the U.S. and Iran agreed to a two-week ceasefire. The wider crypto market rose 3.95%, while Ethereum gained 6% on the day, according to The Block's price data. Analysts said the relief rally may be short-lived because unresolved truce implementation, macro pressures, and the need for stronger liquidity could still cap a longer bull run.