Bitcoin Taps $70,000, Ethereum, XRP, Dogecoin Unwind Shorts On Trump Strike Delay

Bitcoin reached a price of $69,888, nearing the $70,000 mark, following President Trump's announcement of a five-day delay on a deadline related to Iranian energy infrastructure. Other cryptocurrencies such as Ethereum, XRP, and Dogecoin also saw movements, with XRP whales accumulating about 40 million tokens in the past week. The meme coin market capitalization increased by approximately 3% to $33.4 billion. Analysts noted that Bitcoin is currently trading in a 'no-trade zone' and highlighted critical support and resistance levels for Ethereum and Solana.