Ethereum also rose by 4.5%, closely following Bitcoin's lead. Inflows into spot Bitcoin ETFs provided consistent institutional demand supporting the recent price movement, while today's geopolitical breakthrough added the necessary external catalyst.

Cryptocurrencies have been bullish over the past few weeks, often ignoring bad news and rising with good news,” said Caroline Moron, co-founder of Orbit Markets. This divergence suggests strong structural demand for digital assets.

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