Bitcoin surged sharply on Wednesday. News of a two-week ceasefire between the US and Iran triggered strong gains in risk assets. Cryptocurrency markets also led this rally.


Progress in regulatory clarity regarding stablecoin yield payments in the US also supported the crypto markets. However, the passage of an official bill still seems distant.
Bitcoin increased by 4.7% to trade at $71,835.6. As of 09:27, it remains at this level.
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BTC2.93%
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