- Cryptocurrency news today: Slight rise in Bitcoin and Ethereum price, slight reduction in Ripple losses after US and Iran agree to resume talks:


- Bitcoin price looks to achieve a short-term breakout above $60,000 after the US and Iran halted attacks and committed to resuming peace negotiations.
- Ethereum maintains a support level between $1,500 and resistance at $1,600, reflecting increasing stability after the heavy sell-offs last week.
- XRP is trading within a broader downtrend defined by weak momentum indicators and declining key moving averages.

Bitcoin (BTC) shows signs of renewed recovery, approaching the $60,000 level at the time of writing on Monday. As for altcoins, Ethereum (ETH) is expected to potentially break above the $1,600 level, while Ripple (XRP) still faces downward pressure, holding an important psychological support above the $1.00 level.
The US and Iran halted attacks and agreed to resume peace negotiations.
The US and Iran exchanged fire near the Strait of Hormuz over the weekend. The Iranian Revolutionary Guard announced raids on American military installations in neighboring countries, such as Kuwait and Bahrain, in response to recent US attacks on Iranian targets.
Iran stressed its demand for the complete withdrawal of Israeli forces from Lebanon as part of the final memorandum of understanding with the US.
A US official confirmed on Sunday that the US and Iran have agreed to de-escalate militarily and allow freedom of movement for ships through the Strait of Hormuz.
Ongoing technical discussions related to the memorandum of understanding are expected to continue, with the two sides scheduled to meet in Doha on Tuesday for further negotiations, according to Axios.
Sentiment in the cryptocurrency market deteriorated further despite the easing of tensions between the US and Iran.
The Crypto Fear and Greed Index stabilized at 12 on Monday, in the 'extreme fear' zone, after being at 18 the previous day. This decline indicates a continued retreat in appetite for risky assets, affected by economic and geopolitical uncertainty.
$BTC
$ETH
$XRP
BTC1.69%
ETH3.59%
XRP2.23%
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