Bitcoin Surpasses $74,000 Amid Safe-Haven Shift
Crypto prices continue to defy expectations, with Bitcoin trading above $74,000 and XRP experiencing a significant surge of 3.6%. The US-Iran conflict has led to increased oil prices, pushing investors towards safe-haven assets like cryptocurrencies.
The global market cap has reached a new high of over $2.53 trillion, with steady institutional accumulation driving demand for Bitcoin. Ethereum and Hyperliquid tokens have also seen notable gains, with Hyperliquid overtaking Cardano's position as the world's tenth-largest cryptocurrency by market capitalization.
