Ethereum (ETH) surged above $2,400 on Friday, driven by positive developments in the US-Iran ceasefire negotiations. Iran announced that it has opened the Strait of Hormuz after President Trump confirmed that the US would prohibit Israel from attacking Lebanon.

The general crypto market surged 4% on Friday, adding over $100 billion in value following Iran's announcement that it has reopened the Strait of Hormuz to commercial ships for the duration of the ongoing ceasefire between the US and Iran.

Cardano (ADA) grinds higher, trading above $0.265 at the time of writing on Friday, as crypto prices broadly rise, buoyed by improving sentiment after Iran’s announcement that the Strait of Hormuz has been opened and will remain open during the ceasefire.

Ripple (XRP) is trading at $1.44 at the time of writing on Friday, its upside seemingly capped by its weekly peak around $1.47. Still, the overall tone remains bullish as the remittance token holds above key support levels at $1.40 and $1.30.

Bitcoin (BTC) is extending gains above $75,000 at the time of writing on Friday, while bulls appear intent on advancing beyond the weekly high around $76,000.

Bitcoin (BTC) extends gains, up 6% so far this week, trading above $75,000 on Friday, with a technical bullish breakout pattern scenario in play. Easing geopolitical tensions in the Middle East further boosted risk sentiment, driving assets such as BTC higher.

Dogecoin (DOGE) is trading in the red below $0.1000 at press time on Friday, struggling to extend Thursday’s 4% recovery. The original meme coin is regaining retail strength as the broader market risk sentiment improves.

Solana (SOL) trades below $90 at press time on Friday, testing grounds above the 50-day Exponential Moving Average (EMA) at $87.42.

Zcash (ZEC) is extending its pullback, trading below $335 on Friday after losing over 8% so far this week. Weakening derivatives metrics support a bearish bias for the privacy-focused coin.

Pi Network (PI) holds steady around $0.1730 at press time on Friday, securing its 3% gains from the previous day. The push from the Pi Core Team (PCT) to upgrade the mainnet to enable smart contract functionality is a near-term catalyst.

Stellar (XLM) price trades slightly down at $0.167 on Friday, after breaking above the descending trendline and rallying over 10% so far this week. The bullish sentiment builds as XLM’s network transactions reach a quarterly high, alongside positive funding rates and bullish momentum indicators.

The broader cryptocurrency market steadies as US President Donald Trump hints that the ceasefire is “going to be a good deal.” Bitcoin (BTC) holds above $74,000 at press time on Friday, while the total market liquidations exceed $400 million, signaling increased volatility.

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) rose by over 5%, 6% and 7%, respectively, so far this week as risk sentiment improved amid hopes of a US-Iran extension of the 2-week truce and a ceasefire between Israel and Lebanon.

Bitcoin has moved back toward the $76,000 resistance zone, renewing expectations of a short-term recovery after an extended period of bearish pressure.

Ethereum (ETH) quickly reclaimed $2,300 again on Thursday after a slight dip below the level in the early American session.

Drift Protocol has entered into a strategic collaboration with Tether to support the reimbursement of funds stolen in an April 1 exploit.

Charles Schwab, a brokerage and investment company, announced on Thursday a phased launch of spot crypto trading offers, targeting its retail clients over the coming weeks.

Ripple (XRP) maintains a neutral-to-bullish tone, trading above $1.41 at the time of writing on Thursday, supported by renewed institutional and retail interest. A steady price increase could accelerate the remittance token toward the next resistance levels at $1.50 and $1.55.

Cryptocurrency prices are broadly consolidating, with Bitcoin (BTC) extending sideways action slightly below the $75,000 threshold, even as institutional inflows continue to support the market.

Bitcoin (BTC) price holds its gains, trading above $75,000 on Thursday as risk appetite improves amid hopes of a US-Iran peace deal. Institutional demand shows signs of optimism as spot Bitcoin Exchange Traded Funds (ETFs) recorded their second consecutive day of inflows this week.

Pi Network (PI) extends gains by roughly 1.55% at press time on Thursday, crossing above the $0.1700 mark. The social buzz surrounding PI is stabilizing, while daily flows on Centralized Exchanges (CEXs) show renewed retail interest.  

Pepe (PEPE) extends roughly 8% gains at press time on Thursday, recovering as the broader market risk-off sentiment wanes with truce negotiations between the US and Iran.

PancakeSwap (CAKE) trades in green above $1.60 on Thursday after finding support around the key level the previous day. Improving derivatives metrics, alongside constructive price action, suggest CAKE could extend its upward move in the coming days.

Shiba Inu (SHIB) price nears key resistance level, trading at $0.0000060 as of writing on Thursday, which dictates the next directional move.

Solana (SOL) hints at a potential collaboration with Ripple (XRP) with a short, cryptic video release featuring both their logos and the caption “XRP.” The anticipation among investors drives a surge in demand for XRP and SOL derivatives.

The broader cryptocurrency market holds steady with Bitcoin (BTC) and Ethereum (ETH) above $74,000 and $2,350, respectively, at press time on Thursday, while Ripple (XRP) holds at $1.40.

Bitcoin is beginning to show signs of stabilization after a prolonged period of losses, although the recovery remains fragile and lacks strong participation, according to a Glassnode report released Wednesday.

Ethereum (ETH) has continued to trade above $3,300 on Wednesday amid improving signs across several key onchain metrics.

Bitwise Investments has launched its spot Avalanche ETF, now trading under the ticker BAVA on the New York Stock Exchange (NYSE), according to a Wednesday statement.

Lido DAO (LDO) edges up above $0.37 at the time of writing on Wednesday, as crypto prices broadly recover. The liquid staking token (LST) is up over 8% on the day, supported by strong momentum indicators. Reclaiming the supply zone around $0.40 could increase the odds of a sustained recovery.