🟠 Why are Bitcoin, Ethereum, and XRP prices rising today?

The crypto market has become active again this week, with Bitcoin, Ethereum, and XRP all on the rise as market sentiment turns positive. After weeks of uncertainty, the easing of geopolitical tensions and improved technical outlooks have driven this rebound.
🔸 Ceasefire Negotiations Spark Risk Appetite
The main catalyst is the easing of tensions in the Middle East. A two-week ceasefire between the US, Iran, and Israel, along with previous negotiations on a longer-term agreement, has reduced fears of a major escalation.
“Almost all past disputes between the US and Iran have been resolved, but the two-week period will allow the agreement to be finalized and signed,” Donald Trump wrote on social media.
As the US-Iran ceasefire eased tensions, markets quickly reverted to a “risk appetite” mode. According to Santiment data, Bitcoin rose above $72,700, Ethereum broke through $2,250, both reaching multi-week highs, and social sentiment was optimistic that the conflict might end.
🔸 Other Factors Driving the Rebound
Oil prices, which had surged due to war concerns, are now retreating. This is a positive signal for cryptocurrencies. High oil prices typically push inflation higher and delay rate cuts, tightening liquidity.
Meanwhile, the Clarity Act is gaining attention. The Senate committee is now reviewing key provisions, with a critical vote possible by mid-2026. Senator Bill Haggerty, a supporter of cryptocurrencies, said the committee is “very close” to starting work on the bill.
🔸 Today’s Crypto Rebound: Bitcoin, Ethereum, XRP Price Trends
Bitcoin is trading around $71,600, up over 4%, currently approaching a key resistance near $72,600. It has reclaimed its 50-day EMA around $70,500, turning it into support, and the RSI near 58 indicates buyers are still in control. Breaking through $72,600 could open the way to $74,800.