Bitcoin approaches $70k. Reports indicate that potential ceasefire negotiations between the US and Iran have boosted market risk appetite, leading to over $270 million in short positions being forcibly liquidated. Derivatives data shows that open interest for Bitcoin, Ethereum, and various mainstream tokens continues to rise, with funding rates also positive, but the options market remains cautious. Meanwhile, Algorand's ALGO has surged nearly 50% this month, with a market capitalization surpassing $1 billion, thanks to Google's quantum AI paper mentioning its FALCON post-quantum signature scheme as a quantum-safe blockchain model.