Donald Trump has announced an immediate ceasefire in Gaza, contingent upon Hamas's formal agreement to the terms. The announcement was made during an international press conference with Israeli Prime Minister Benjamin Netanyahu. The ceasefire proposal includes the release of all hostages by Hamas and the transfer of Gaza's administration to an independent Palestinian technocrat body. Trump has instructed Israel to halt airstrikes once Hamas confirms its agreement, with support from regional leaders. The ceasefire could impact financial markets and cryptocurrencies, as Middle East risk sentiment and international diplomatic efforts often influence market dynamics. Historical data indicates that similar ceasefires have previously led to volatility across various asset classes.