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Bitcoin, Ethereum Flat, While XRP, Dogecoin Gain Amid Iran Peace Deal Optimism: Bear Market Won’t Go To $

Leading cryptocurrencies remained stable, while stocks hit record highs on Wednesday as President Donald Trump declared the Iran war is nearing an end.

Crypto Market Holds Steady

Bitcoin hovered around $74,000 for most of the day before surging to $75,000 in late trading. Trading activity remained on the lower side. Ethereum also wobbled in the $2,300 zone, while XRP and Dogecoin traded in the green.

Over $210 million was liquidated in the past 24 hours, predominantly in short positions, according to Coinglass data.

Open interest in Bitcoin futures held steady over the last 24 hours, while retail and whale derivative sentiment continued to be bearish.

“Extreme Fear” sentiment prevailed in the…

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