Crypto Market Sees Unexpected Surge Amid Trump's Statement on Iran

The crypto market has experienced an unexpected surge in prices over the past few hours, catching many off guard. This sudden move has seen Bitcoin tap $81,600, while XRP has surged by over 5% daily to a multi-week peak of just over $1.50.

Other altcoins such as Solana's SOL, Ethereum (ETH), and Cardano (ADA) have also made impressive gains, with SOL rising to almost $100 and ETH well above $2,350. ADA has gained over 5% to sit close to $0.29.

The unexpected surge in prices comes amid Donald Trump's statement on Iran, which criticized the country's actions and placed blame on former President Barack Obama. Trump stated that Iran had been 'playing games with the United States' for 47 years and that the situation hit 'pay dirt' during Obama's time in office.