Bitcoin Jumps to Three-Week High on US-Iran Ceasefire Plan
Bitcoin rose to a three-week high after the US and Iran agreed to an initial ceasefire, prompting a surge in risk assets.
The largest cryptocurrency spiked as much as 4.9% to $72,738, its highest level since March 18, and was trading just below $72,000 at 8:25 a.m. Wednesday in Singapore. Smaller tokens also notched big gains, with Ether rising as much as 7.4% to $2,273.
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