The cryptocurrency market experienced a strong rebound during early Asian trading, with Bitcoin (BTC) surging 4.9% to reach $72,738, driven by growing expectations of a ceasefire in the Middle East. Ethereum (ETH) outperformed with a 7.4% gain, hitting $2,273. The rally follows key geopolitical developments: the Trump administration agreed to a two-week bombing pause, and both Iran and Israel confirmed a ceasefire window. This has rapidly shifted market sentiment toward risk-on assets.
Anthropic Revenue Exceeds $30 Billion, AI Compute Expansion Underway
In parallel, AI startup Anthropic announced that its annual revenue has surpassed $30 billion, a more than threefold increase from $9 billion at the end of 2025. To support this explosive growth, the company plans to collaborate with Broadcom and Google to significantly boost its AI computing capacity. Additionally, Anthropic is investing $200 million in a new private equity partnership to expand enterprise AI services, with potential participation from major institutions such as General Atlantic and Blackstone.
Market Outlook: Ceasefire Could Sustain Crypto Rally
Analysts suggest that if a formal ceasefire agreement is reached in the Middle East, risk assets could see further upside. Bitcoin is currently about 15% below its all-time high, while Ethereum faces key resistance near $2,300. Institutional flows showed a net outflow of $10.11 million over the past 24 hours (source: Coinglass), but retail sentiment has turned markedly bullish. Notably, stablecoin liquidity dropped by $687 million in recent days, while public companies added 612 BTC to their treasuries, indicating continued accumulation by long-term holders.
Meanwhile, a large Bitcoin trade worth $7.6 million was executed on Kraken, seen as a sign of rising institutional activity. Overall, the crypto market is recovering from geopolitical shocks, and the surge in AI capital expenditure underscores the tech sector's insatiable demand for computing power.