The broader cryptocurrency market is largely stable, with Bitcoin (BTC) rising above $77,000 so far on Wednesday amid US President Donald Trump’s decision to extend the blockade due to faltering peace talks. Total market liquidations of $330 million over the last 24 hours suggest a mixed outlook, while Privacy coins, including Monero (XMR) and Dash (DASH), lead gains.
Crypto market holds largely stable amid the fragile US-Iran ceasefire
Bitcoin hovers above $77,000 at press time on Wednesday, while the US-Iran blockade of the Strait of Hormuz weighs on the global economy. However, the cryptocurrency market holds its ground despite short-term volatility, resulting in $330 million of total liquidations over the last 24 hours, led by $197…
