The cryptocurrency market is generally rising on Monday after United States (US) President Donald Trump instructed the Department of War to suspend planned attacks on Iran’s power plants and energy infrastructure.

A 3% increase in market capitalisation to $2.53 trillion, as shown by CoinGecko data, reflects the immediate impact of easing geopolitical tensions. Bitcoin (BTC) is back above $70,000, Ethereum (ETH) above $2,100, and Ripple (XRP) has reclaimed $1.40 as immediate support.

US suspends Iran strikes amid talks

President Trump is optimistic about ongoing discussions with the Iranian regime, as the Middle East war enters its fourth week. Prior to Trump’s post on Truth Social on Monday, the US had announced targeted strikes on…