Summary
- Bitcoin posted a modest rebound and reclaimed the $77,000 level.
- Major altcoins, including Ether and XRP, also moved higher.
- The rise appeared to reflect expectations for a short-term easing of tensions after U.S. President Donald Trump signaled an extension of the ceasefire with Iran.
Forecast Trend Report by Period
Bitcoin posted a modest rebound, climbing back above the $77,000 level.
As of 11:20 a.m. on April 22, Bitcoin was trading at $77,068.17 on Binance's USDT market, up 1.76% from a day earlier. On Upbit's Korean won market, it was trading at 113.956 million won, up 0.81%.
Major altcoins also moved higher. Ether traded at $2,345.44 on Binance's USDT market, up 1.66% from the previous day, while XRP rose 1.05% to $1.4407.
The gains appeared to reflect expectations for a near-term easing in tensions after U.S. President Donald Trump signaled an extension of the ceasefire with Iran. Geopolitical risks surrounding the Middle East remain, however, with the U.S. maintaining the closure of the Strait of Hormuz.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
