US-Iran Deal Optimism Boosts Bitcoin and Ethereum, But XRP Falters
Bitcoin and Ethereum are showing signs of recovery as optimism builds over a potential US-Iran deal, but XRP is struggling amid a weakening technical structure.
US President Donald Trump said on Tuesday that negotiations with Iran 'are moving along very nicely,' adding that more information would be released in 48 hours.
The crypto market sentiment has improved marginally to 28 in Fear territory from Extreme Fear the day before, according to the Fear & Greed Index.
Bitcoin trades near $64,000 with a bearish near-term bias, as price holds beneath key Exponential Moving Averages (EMAs).