TradingKey – On the eve of the expiration of the U.S.-Iran ceasefire agreement, Bitcoin prices rebounded and strengthened, poised to surge toward $80,000.

On April 21, Bitcoin prices broke through $76,000 in a rebound ahead of the U.S.-Iran negotiations, driving the entire cryptocurrency market higher. Today, the crypto market rose over 1%, with the total market capitalization climbing to $2.55 trillion. Specifically, Bitcoin ( BTC) and Ripple ( XRP) rose nearly 2%, while Ethereum ( ETH) and Binance Coin ( BNB) both gained over 1%.

Despite only a modest rebound in the crypto market, the scale of liquidations has been substantial. Over the past 24 hours, positions of more than 100,000 traders were liquidated, totaling $217 million, with…