Crypto Market Recovers As U.S.-Iran War Ceasefire Lifts Sentiment; BTC, ETH and XRP Jump
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The crypto market has recovered following a ceasefire in the US-Iran conflict, with Bitcoin, Ethereum, and XRP posting gains. The ceasefire has reduced geopolitical pressure and lifted risk sentiment, leading to a rebound in digital assets.
A formal ceasefire in the US-Iran War has lifted risk sentiment and reduced pressure on the crypto market. Bitcoin, Ethereum, and XRP have each posted gains. The ceasefire was agreed upon after a last-minute diplomatic attempt led by Pakistan. Bitcoin price rose to $71,324.12, with a 3.71% increase in 24 hours. Ethereum and XRP also moved higher, with ETH rising by 6.10% to $2,237.46 and XRP up by 4.05% to $1.37. The technical indicators show positive momentum for the crypto market.
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