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Crypto Market Daily Updates | The U.S. and Iran accept ceasefire proposals, reigniting expectations of interest rate cuts; Bitcoin rises to $71,500. Circle CEO plans to visit South Korea next week to meet with banks and centralized exchanges (CEX) to prom

Crypto Market Daily Updates | The U.S. and Iran accept ceasefire proposals, reigniting expectations of interest rate cuts; Bitcoin rises to $71,500. Circle CEO plans to visit South Korea next week to meet with banks and centralized exchanges (CEX) to prom

On April 8, the United States, Israel, and Iran reached a two-week ceasefire agreement. Iran stated that under Pakistan’s coordination, the Strait of Hormuz would be safe for passage in the next two weeks; Iran-US negotiations will be held in Islamabad at 10:00 AM EST on April 10. Following the announcement, US Federal Fund futures generally rose, with the December contract increasing by 14 basis points, indicating a rate cut potential of 17 basis points this year.

Bitcoin climbed to near $71,500. As of press time,$Bitcoin (BTC.CC)$up 5.07%, at $71,617.89; $Ethereum (ETH.CC)$ up 7.53%, at $2,236.76.

Key Focus

According to Jinshi News, US President Trump stated in the early hours: ‘Based on talks with Pakistani Prime Minister Sharif and…

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