%{{tag.tag}} {{articledata.title}} {{moment(articledata.cdate)}} @{{articledata.company.replace(" ","")}} comment The stocks of cryptocurrency companies are skyrocketing as investors rush back into risk assets on news of a ceasefire between the U.S. and Iran. Stocks of leading crypto companies such as Strategy (NADAQ: $MSTR ), Galaxy Digital (NASDAQ: $GLXY ), Coinbase Global (NASDAQ: $COIN ) and Circle (NYSE: $CRCL ) are each up 6% or more. Most are up more than 8%. Similarly, the stocks of crypto miners such as Riot Platforms (NASDAQ: $RIOT ), MARA Holdings (NASDAQ: $MARA ) and Hut 8 (NASDAQ: $HUT ) are each up 6% to 8%. The rise in crypto stocks mirrors a rise in cryptocurrencies, with Bitcoin (CRYPTO: $BTC ) up 5% and trading at $72,000 U.S. Ethereum' (CRYPTO: $ETH ) has jumped 7% to trade at $2,250 U.S. The rush back into risk assets and stocks comes as market volatility subsides. The VIX, Wall Street's so called "fear gauge," is down 20% on April 8. At the same time, the Bitcoin Volmex Implied Volatility Index (BVIV) has fallen more than 6% to 46, a level that indicates calm conditions. Markets around the world are responding positively to news of the Iran ceasefire, with stocks in Europe and Asia up as much as 5% on the day. Stocks and crypto are also getting a tailwind from crashing crude oil prices, which are down more than 15% from a day earlier. It remains to be seen if this is the start of a meaningful reversal for cryptocurrencies and crypto stocks after months of steady declines.