Leading cryptocurrencies lifted alongside stocks on Monday after President Donald Trump said that the U.S. campaign against Iran could be nearing its end.

Crypto Market Lifts

Bitcoin rose back above $69,000 as trading volume jumped 34% over the last 24 hours. Ethereum reclaimed $2,000, supported by strong buying pressure, while XRP and Dogecoin also edged higher.

Over $340 million was liquidated from the cryptocurrency market over the past 24 hours, with $184 million in bearish shorts erased, according to Coinglass data. Open interest in Bitcoin futures rose 3.11% in the last 24 hours to $44.91 billion

The market clung to “Extreme Fear” sentiment, according to the Crypto Fear & Greed…

Read more on Benzinga