Bitcoin surged past $70,000, marking a milestone for the cryptocurrency. A Trump post could be lifting the crypto, Ethereum, and XRP. Major cryptocurrencies were seemingly unaffected by ongoing hostilities in Iran on Friday. Bitcoin rallied past $70,000 early Friday, as U.S. monetary policy concerns appeared to outweigh ongoing tensions in Iran.
Bitcoin, Ethereum, and XRP prices rallied amid rising oil prices linked to the war in Iran. Bitcoin surged past $70,000, signaling renewed appetite for the flagship cryptocurrency. Traders cited a supportive policy backdrop and a Trump post as potential catalysts for Bitcoin, Ethereum, and XRP. Despite ongoing tensions in Iran, major crypto assets held firm on Friday.
The rally unfolded as investors weighed policy expectations against geopolitical risk and higher oil prices linked to the conflict. Bitcoin led the move, while Ethereum and XRP also advanced on the session. While macro headlines drive volatility, the price action suggests growing risk appetite in crypto markets. Traders will continue to monitor policy signals and energy markets for further direction.
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