Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bitcoin, Ethereum, and XRP rally as Israel and Iran pause military actions amid ceasefire talks.

Market News
08 Jun 2026
Coinpaper
View Source
Bullish
pluang ai news

Bitcoin, Ethereum, and XRP prices surged following Israel and Iran's decision to pause direct military operations after several rounds of conflict. Bitcoin rose above $63,700, Ethereum climbed to $1,685, and XRP recovered to $1.16, reversing earlier losses caused by heightened tensions. The ceasefire talks, supported by U.S. mediation, improved risk sentiment globally, boosting both crypto and stock markets. Traders are now watching Bitcoin's key resistance levels around $65,000 for signs of sustained recovery or potential further moves.

More News (BTC)

Bitcoin holds $60K support ahead of key U.S. inflation data that could sway crypto markets.

Bitcoin holds $60K support ahead of key U.S. inflation data that could sway crypto markets.

Bitcoin traders are closely watching upcoming U.S. inflation reports, including CPI and PPI data, which may influence Federal Reserve rate decisions and impact cryptocurrency volatility. Bitcoin currently trades above the critical $60,000 support lev...

Market News
Neutral
4 hours ago
Bitcoin's drop below $60K driven by ETF selling amid rising U.S. inflation, with May CPI data key for next move

Bitcoin's drop below $60K driven by ETF selling amid rising U.S. inflation, with May CPI data key for next move

Bitcoin's recent decline below $60,000 was mainly caused by institutional selling through spot bitcoin ETFs following higher-than-expected U.S. inflation data in April. Since the May 12 inflation report, U.S.-listed bitcoin ETFs saw $5.4 billion in n...

Market News
Bearish
4 hours ago
Ethereum rebounds above $1,600, eyeing a potential rally toward $2,000 amid easing market pressures.

Ethereum rebounds above $1,600, eyeing a potential rally toward $2,000 amid easing market pressures.

Ethereum's price climbed above $1,600, reaching around $1,661, driven by easing selling pressure and improved market sentiment following Bitcoin's recovery above $63,000. Analysts highlight bullish technical signals suggesting a short-term reversal, ...

Analyst Insights
Bullish
5 hours ago
Bitcoin rebounds above $63K as institutional buying and crypto legislation boost market.

Bitcoin rebounds above $63K as institutional buying and crypto legislation boost market.

Bitcoin surged back above $63,000 driven by institutional purchases totaling $101 million and the U.S. Senate debating the Clarity Act, which aims to regulate digital assets. Ethereum also gained, contributing to the total crypto market cap reaching ...

Market News
Bullish
5 hours ago
Cryptocurrency prices show mixed movements with Bitcoin at $63,444 and notable gains in several altcoins.

Cryptocurrency prices show mixed movements with Bitcoin at $63,444 and notable gains in several altcoins.

Cryptocurrency prices exhibit varied changes, with Bitcoin trading at $63,444, up 2.75%, and Ethereum rising 3.81% to $1,679.68. Several altcoins like HYPE, NEAR, and DEXE show significant gains, while others like BCH and SIREN experience declines. T...

Market News
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App