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Crypto markets rallied on advanced crypto strategy backtesting platform with take profit and stop lossWednesday as oil momentarily slipped below $100 per barrel after U.S. President Donald Trump said the war in Iran will end in "two to three weeks."\n\nBitcoin BTC $ 66,322.37 trades at $68,500 having risen by 0.4% since midnight UTC and 3.1% over the past 24 hours, while ether (ETH) is back at $2,130 after a brief stint below $2,000 last week.\n\nThe broader crypto market remains in a downtrend dating back to October, although sentiment has shifted slightly following a period of consolidation between $62,500 and $75,000 since early February.\n\nA selection of altcoins have performed particularly well, notably algorand (ALGO), which is up by 22% in the past 24 hours as it bounces back from oversold territory.
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- Bitcoin traders keep chasing Trump’s Iran noise. The real signals are elsewhere.
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- Bitcoin traders keep chasing Trump’s Iran noise. The real signals are elsewhere.
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