US EditionBitcoin, Ethereum Hit 2-Month Highs; XRP, Dogecoin Flat As Trump Signals Iran Talks Resumption: Analyst S
Bitcoin rose 5% and Ethereum gained 7% as the total crypto market value climbed to $2.6 trillion, analysts said.
- Bitcoin rose 5% to around $75,000 early Tuesday afternoon, nearing its highest mark since early February according to data from Binance.
- Optimism follows weekend peace negotiations in Pakistan, where Vice President Vance met with Iranian officials over ending the month-long conflict.
- The Nasdaq jumped nearly 2%, while Ethereum notched an even bigger day-over-day jump, rising 7% to almost $2,400 to record a two-month high.
- Alex Kuptsikevich, chief market analyst at FxPro, said "The rise in cryptocurrencies was driven by an impressive recovery in risk appetite in traditional financial markets."
- While Bitcoin remains down nearly 50% from its height, Ish Asad, a research analyst at Bitwise, noted the asset appears to have far more upside ahead.
18 Articles
18 Articles
Bitcoin, Ethereum Hit 2-Month Highs; XRP, Dogecoin Flat As Trump Signals Iran Talks Resumption: Analyst S
Leading cryptocurrencies traded flat, while stocks added to their gains on Tuesday as President Donald Trump hinted at a second round of peace talks with Iran. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m. EDT) Bitcoin (CRYPTO: BTC) +0.68% $74,755.82 Ethereum (CRYPTO: ETH) -1.03% $2,339.24 XRP (CRYPTO: XRP) -0.11% $1.36 Solana (CRYPTO: SOL) -2.59% $83.72 Dogec…
Bitcoin News: $600M Short Squeeze Follows Ceasefire as Pepeto and ETH Signal Fresh Entries
A sudden shift in global geopolitics has reignited momentum across the crypto market, triggering one of the most aggressive short squeezes in recent months. Following a ceasefire announcement between the United States and Iran, more than $600 million in short positions were liquidated almost overnight, propelling Bitcoin back above the critical $72,000 threshold and injecting fresh optimism into a market that had been weighed down by uncertainty…
Bitcoin rebounds to $76K as traders eye $80K breakout
The Bitcoin price has clawed back toward $76,000 in a 10% weekly rebound, but the rally is less a reflection of de-escalating geopolitical risk than of shifting market expectations around the US–Iran standoff. Donald Trump’s claim that Iran had reached out for peace talks was met with simultaneous US naval action in the Strait of Hormuz, underscoring how quickly sentiment can pivot when headlines… Source
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