Global Crypto Market Holds Steady Amid US-Iran Tensions
The global cryptocurrency market held steady on Sunday, despite ongoing tensions between the U.S. and Iran.
Cryptocurrency prices were largely unchanged overnight, with Bitcoin (BTC) dipping 0.19% to $79,943.71, while Ethereum (ETH) rose 0.50% to $2,505.67.
XRP fell 0.68% to $1.40, and Dogecoin dropped 0.37% to $0.09005. Solana (SOL), however, gained 1.83% to $105.47.
Energy Secretary Chris Wright expressed doubts about the likelihood of a nuclear agreement with Iran, suggesting that the U.S. may instead focus on degrading Iran's nuclear capabilities.
Cryptocurrency analyst Michaël van de Poppe was optimistic about Bitcoin's prospects, stating that it could reach $90,000 in the near term if consolidation continues.