The recent announcement from Tehran that it will open the Στενά του Ορμούζ The decision to allow free passage of commercial ships during the ceasefire has sparked strong reactions in the cryptocurrency market. This development has revived investors' hopes for possible stability in the Middle East and a return to normality, which has had an impact on the price of Bitcoin.
Bitcoin, the dominant cryptocurrency in the market, has already seen a significant rise and is approaching $75.000 since early this morning. Following the announcement by Iranian Foreign Minister Abbas Araghchi, the value of Bitcoin showed further strength, reaching 77.885,13 dollars on Friday afternoon (17/4), recording gains close to 5%.
Bitcoin's market capitalization now stands at 1,5 trillion dollars, with its participation in the cryptocurrency market reaching 57%These figures show how strong Bitcoin's position in the market is, especially in times of turmoil.
Not to be left behind, the Ethereum, the second largest cryptocurrency, is moving in 2.448,55 dollarsThe current market situation has created expectations for a possible price increase of up to 3.000 dollars, recording profits of approximately 5,7%.
Other major cryptocurrency options include:
- Solarium: +4,97%, in 90,22 dollars
- BNB: +2,99%, in 644,53 dollars
- XRP: +5,51%, in $ 1,50
It is noteworthy that Dogecoin, which has emerged as a popular meme coin, is moving in the 0,1014 dollars with gains of 4,7%, while Cardano is trading at 0,2648 dollars with a 5,22% increase. Monero and Litecoin follow, maintaining their gains in 351,49 dollars (+2,81%) and 56,78 dollars (+2,42%) respectively.
Noteworthy is its token Tramp (Official Trump), which gains 2,25%, reaching 3,05 dollars.
With these developments, the total cryptocurrency market capitalization has recorded a daily increase of 4,1%, reaching 2,715 trillion dollarsThis demonstrates the market's dynamic comeback after periods of turmoil.
