Bitcoin Spikes After Trump’s Post On ‘Productive’ Talks With Iran; Ethereum, XRP, Dogecoin Also Rally: Analyst Says BTC Can Test $75,000 This Month
Leading cryptocurrencies lifted alongside stocks on Monday, while oil prices fell as President Donald Trump halted strikes against Iranian energy infrastructure after reporting “very good and productive conversations” with Tehran.
| Cryptocurrency | 24-Hour Gains +/- | Price (Recorded at 9:15 p.m. ET) |
|---|---|---|
| Bitcoin (CRYPTO: BTC) | +4.13% | $70,648.63 |
| Ethereum (CRYPTO: ETH) |
+4.55% | $2,143.59 |
| XRP (CRYPTO: XRP) | +2.77% | $1.42 |
| Solana (CRYPTO: SOL) | +5.39% | $90.91 |
| Dogecoin (CRYPTO: DOGE) | +3.27% | $0.09352 |
Crypto Market Rebounds
Bitcoin hit an intraday high of $71,782, accompanied by a 80% jump in 24-hour volume. Bitcoin’s social chatter also jumped 38%, according to Santiment.
Ethereum nearly reclaimed $2,200, with strong buying pressure resulting in 92% jump in volume
Shares of Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closed up 1.87% and 1.67%, respectively.
Nearly $660 million was liquidated from the cryptocurrency market over the past 24 hours, mostly from bearish short positions, according to Coinglass data.
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