ETH, SOL, XRP price: Cryptos jump 8% as bitcoin breaks $72,000
Summary
The cryptocurrency market experienced a broad rally, with Bitcoin breaking above $72,000 for the first time since early February, driven by easing war anxiety, strong inflows into U.S. spot Bitcoin ETFs (totaling $700 million since March 1st), and a general rebound in global equities. Ether climbed 7.5% to $2,114, while Solana gained 5.3% to $89.91, and XRP rose 4.2% to $1.41. This positive shift in risk sentiment followed Asian equities rallying after the initial shock of the Iran conflict, as the situation in the Strait of Hormuz appeared to stabilize, making a worst-case regional escalation seem less likely.
(Source:CoinDesk)