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Bitcoin, XRP, Dogecoin Rise, ETH Steady Amid Pete Hegseth’s Iran Ceasefire Comments: Analyst Says BTC ‘Lo

Leading cryptocurrencies and stocks rose on Tuesday as the U.S. confirmed that Iran’s truce remains in place despite a flare-up in hostilities.

Crypto Market Gains Momentum

Bitcoin attempted to break $82,000 but faced rejection around $81,750. Ethereum nearly broke $2,400, while XRP and Dogecoin recorded noticeable increases in the 24-hour period.

Over $385 million was liquidated in the past 24 hours, with $314 million in short positions alone wiped out, according to Coinglass data.

Open interest in Bitcoin futures rose further by 5.15% over the last 24 hours. That said, retail and whale traders on Binance remained on the bearish side, betting that BTC prices would fall.

Despite the latest…

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