Crypto market jumps on US-Iran peace rumors: BTC to $83,200, ZEC and NEAR up 6%
- —BTC gained 2.3% in an hour to $83,200 before paring gains
- —ZEC and NEAR each rose more than 6% in an hour after steep losses
- —ETH +3.7%, XRP +3.55%, SOL +4.1% followed bitcoin higher
- —Short liquidations fueled the rally; BTC's 50-day average sits at $81,557
Why it matters: The rebound rests on an unconfirmed geopolitical rumor and short liquidations rather than spot demand, so holding $81,000 is key.
Source: Newsbit