Physical Address
304 North Cardinal St.
Dorchester Center, MA 02124
Driven by the ceasefire announced by the United States and Iran, the digital currency market has recovered strongly, with an increase of approximately $100 billion in value over the past few hours, a direct reflection of investors’ risk appetite.
Bitcoin prices surged, approaching $73,000, hitting their highest level in three weeks before trading just below $72,000.
The rise comes after a period of volatility related to geopolitical tensions, with prices trading between $65,000 and $69,000 over the past few days.
Markets were mixed following the announcement of Calm, with oil prices falling while other assets such as stocks, gold and digital currencies rose.
Bitcoin’s market capitalization has risen to approximately $1.43 trillion, dominating nearly 57% of the market.
Alternative currencies, on the other hand, recorded stronger gains, with Ethereum rising 7% to surpass $2,250, XRP approaching $1.40, and Solana rising to $85.
Coins such as Cardano and HYPE also saw significant gains, while ZEC led the way with gains of over 20%.
A variety of currencies posted gains, with a number of items recording double-digit gains, reflecting broadly improving market sentiment.
Also read:
Binance temporarily halts Ethereum transfers: details
Hacking Different Ways: Experts Reveal North Korea’s Role in Building and Stealing DeFi Projects
