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Why BTC, ETH and XRP are poised to extend gains?

Why BTC, ETH and XRP are poised to extend gains?

Cryptocurrency prices are broadly recovering on Tuesday, led by Bitcoin’s (BTC) rebound above $76,000 at the time of writing, as investors hinge on any announcement of a second round of talks between the United States (US) and Iran as the two-week ceasefire winds down. Ethereum (ETH) is doubling down on its recovery attempt, aiming to reclaim its monthly high of $2,465. Meanwhile, Ripple (XRP) has shown resilience, extending gains for the second consecutive day and hovering above the $1.42 support level.

Despite the conflicts in the Middle East ahead of the potential second round of peace negotiations between the US and Iran on Tuesday in Pakistan, crypto market sentiment is gradually improving.

The crypto Fear & Greed Index sits at 33…

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