Benzinga verify icon

6h
...

Bitcoin, Ethereum, XRP, Dogecoin Rally After Trump Signals Iran Deal Breakthrough: Analytics Firm Says In

Leading cryptocurrencies rallied alongside stocks on Monday after President Donald Trump claimed Iran was willing to make a deal.

Crypto Market Rebounds

Bitcoin staged a strong recovery after Sunday’s sell-off, nearly rallying to $75,000. Trading volume jumped 80% over the last 24 hours.

Ethereum climbed to an intraday high of $2,368, supported by strong buying pressure, while XRP and Dogecoin also regained lost territory.

Shares of Strategy Inc. (NASDAQ:MSTR) and Bitmine Immersion Technologies Inc. (NYSE:BMNR) closed up 2.89% and 1.08%, respectively.

Over $530 million was liquidated in the past 24 hours, with short position traders bearing the brunt of the losses, according to Coinglass…

Read more on Benzinga

3.2K Reads