Crypto Markets Rise as White House Prepares to Host Crypto Summit

Crypto markets have been on the rise as investors weigh developments related to Iran and the possibility of a White House meeting with cryptocurrency executives.

The global market capitalization increased by 0.58% over the last 24 hours, reaching $2.18 trillion.

Bitcoin saw significant trading volume, jumping 43% in the past day, while Ethereum remained volatile around the $1,700 mark.

The U.S. and Iran's Memorandum of Understanding expired on Monday as negotiations continued to stall, with President Donald Trump stating that Iran wants a deal but won't agree to his terms.