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Bitcoin Surges Above $69,000, Ethereum, XRP, Dogecoin Jump 4%

Bitcoin is up 4% on Monday, attempting to reclaim $70,000 amid hopes of potential U.S.-Iran ceasefire.

Bitcoin ETFs saw $8.99 million in net inflows on Friday, while Ethereum ETFs reported $71.2 million in net inflows.  

Meme coin market capitalization jumped around 3% over the past 24 hours to $34.2 billion.

Trader Commentary:  

Trader Michael van de Poppe said Bitcoin is showing strong momentum alongside rising volatility, possibly fueled by easing tensions around the Strait of Hormuz. A breakout above $71,000 could confirm a bullish move, with the next major resistance near $80,000.

Trader CryptosBatman noted Ethereum has broken out of an inverse head and shoulders pattern on the…

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