Cryptocurrency prices were poised to end the trading week higher after the U.S. and Iran announced a two-week ceasefire.
Prices for digital assets such as Bitcoin (CRYPTO: $BTC) and Ethereum (CRYPTO: $ETH) rose alongside stocks as crude oil prices plunged below $100 a barrel on news of the ceasefire.
Bitcoin was trading right around $73,000 on April 10, up from $66,000 U.S. a week earlier. Ether was near $2,250 U.S. and back above the key support level of $2,000 U.S.
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The uptick in crypto prices coincided with a big rally in equities as investors cheered the ceasefire and crude oil prices plunged as much as 15%.
Despite the rally,…
