Cryptocurrency markets started the week on a strong note, boosted by optimism that tensions between the United States and Iran could be resolved through diplomacy.
The biggest cryptocurrency, Bitcoin, rose more than 5% in just 24 hours, reaching around $74,600—its highest level since mid-March. By the afternoon, it was trading close to $74,400, marking a weekly gain of about 9%.
This surge is linked to reports that Donald Trump may be open to restarting negotiations with Iran. The possibility of talks has made investors more willing to take risks, pushing money into assets like cryptocurrencies.
The positive momentum didn’t stop with Bitcoin. Ethereum also saw a strong rise, gaining around 9% and climbing to approximately $3,375.
Overall, the global crypto market grew by over 4% in a single day, reaching a total value of about $2.52 trillion. This shows how closely financial markets react to political developments, especially when they signal reduced conflict and greater stability.
Source: Newstimehub
