Cryptocurrency prices rose following comments from President Donald Trump about a possible end to hostilities in Iran.

Improving sentiment following key geopolitical events over the past week is clearly stoking demand for Bitcoin and other risk assets. Market participants appear to be looking through these military actions toward a brighter future ahead.

The world's largest cryptocurrency has gained about 8% over the last 24 hours, hitting its highest level in a month.

Bitcoin is once again moving closely in step with US stocks, at just about the worst time for crypto diehards.

So, when Bitcoin surges 7.7% over the past 24 hours (as of 4:30 p.m. ET), the market is expected to be up by roughly the same amount. As it happens, that's indeed the case, with the overall market capitalization of all digital currencies surging by 7.5% over the same time frame.

Bitcoin BTC has surged 7% since the start of the month as macro analyst Benjamin Cowen warned this mirrors the “bull trap” pattern that preceded massive sell-offs in every prior midterm cycle. The Midterm Bear Market Playbook Bitcoin is trading roughly 15% below its $87,

Overview Bitcoin slipped to $69,363 as top altcoins crashed as investors reacted to US inflation data, the Middle East conflict, and rising oil prices. XRP and

Transactions on the Bitcoin’s Lightning Network are surging. Experts told DL News that Lightning transactions are getting bigger. That’s because people aren’t using Bitcoin to buy cups of coffee.