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Crypto News

Will Bitcoin, XRP survive 24 hours alive?

Current currency market is ready again as global tensions continue. US President Donald Trump has announced a recent effort to prevent a comprehensive war between Israel and Iran, which may affect global markets, including encryption.

According to reports, Trump is pressing for an emergency meeting with Iranian officials this week. He believes that the decision to use strong “Bunker Buster” bombs on Iranian nuclear sites will be a turning point. Trump also cut off his journey to the 7 Short Group Summit to return to Washington and focus on the crisis. In a bold statement, he called even “everyone” to evacuate Tehran, the capital of Iran, although it is not clear whether the 14 million American citizens or the city’s residents mean.

The encryption market, which witnessed a brief gathering a few hours ago, began to interact. XRP led the jump 7 %, while Bitcoin rose to 108,950 dollars before declining. Bitcoin is now slightly higher than $ 107,000.

With the latest developments, it is not certain how the market will move after that. Experts closely monitor the news, because any escalation can lead to other major sales. In addition to the pressure, the references began all over the market. Within the past 24 hours alone, the total qualifiers reached 394.16 million dollars, which led to the erasure of the tied positions.

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Source: Coinglass

Last week, on Friday morning, encryption prices fell after Israel fired air strikes against Iran, as it sent Bitcoin to $ 103,000. Currently, the encryption world is waiting to see if peace talks will reduce tensions – or if another accident will come within the next 24 hours.

“We still believe that the peace agreement on the horizon of this conflict is clear. Markets are pricing in a short -term conflict. We hope that an agreement will be reached just this week.”

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