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Bitcoin Cracks $71,000, Ethereum, XRP, Dogecoin Rebound As Trump Touts Ceasefire Talk Progress

Bitcoin spiked above $71,000 as U.S.-Iran talks seem to advance towards a conclusion of the war.

Notable Statistics:

Coinglass data shows 165,632 traders were liquidated in the past 24 hours for $831.23 million.       

SoSoValue data shows net outflows of $52.1 million from spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net outflows of $41.97 million.

In the past 24 hours, top losers include Siren, River and Kaspa.

Notable Developments:

Trader Notes: CryptosBatman noted Bitcoin is showing a hidden bullish divergence supported by improving macro sentiment. However, he noted the price remains below key resistance, meaning the move could either extend into a short rally or…

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