Bitcoin and XRP surged following a period of volatility tied to reports of US-Israel strikes on Iran and subsequent Iranian retaliation, with CoinGecko noting that investor sentiment stabilization helped prices rebound. XRP rose in tandem, trading above $1.40 over the past 24 hours. The broader crypto market also rebounded, lifting total market capitalization to about $2.31 trillion.
Ethereum held near $2,000, while Solana, Dogecoin, and Cardano also posted modest gains. Despite ongoing geopolitical uncertainty fueling intraday caution, the rebound was supported by sustained demand for US spot ETFs, CoinGecko said. Bitcoin ETFs saw net inflows of roughly $787 million for the period from February 23 to February 27, with BlackRock products contributing the largest gains; XRP-related funds attracted about $9.55 million.
XRP traded around $1.40, and analysts said a move above this level could open room toward $1.50, though a break below $1.30 might test recent lows. If ETF flows continue and technicals hold, traders see the potential for Bitcoin to approach $70,000 in the near term. With geopolitical tensions still a factor, volatility could widen again if risk sentiment deteriorates, though ETF inflows and current technicals supported Bitcoin and XRP.
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