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Cryptocurrency markets swell by$100B as Bitcoin hits a three‑week high

08.04.2026 07:55

The cease‑fire declared by the United States and Iran sparked a rapid rally across digital assets, pushing Bitcoin to its highest level in three weeks at roughly $73,000. According to market watchers, the broader cryptocurrency sector swelled by about $100 billion in the wake of the geopolitical easing, as investors rushed back into risk‑on positions.

Altcoins outpaced the flagship token, with Ethereum climbing above $2,250, XRP edging toward the $1.40 mark, and the niche token HYPE hovering near $40. Analysts noted that these gains were even more pronounced than Bitcoin’s ascent, reflecting renewed optimism across the ecosystem following the diplomatic breakthrough.