#Why did the cryptocurrency market rise today?

The cryptocurrency market has risen today, following Trump's announcement that Israel and Iran had agreed to a ceasefire, which has led investors to return to risk mode.

Why did the cryptocurrency market rise today?

Market news

Key points:

The cryptocurrency market rose by 4.4% on June 24, with its capitalization increasing to $3.26 trillion.

More than $358 million in long cryptocurrency positions were liquidated in the last 24 hours.

The TOTAL chart of the cryptocurrency market capitalization is showing a bullish flag.

The cryptocurrency market is up today, with the total market capitalization increasing by approximately 4.4% in the last 24 hours to reach $3.26 trillion on June 24.

The total 24-hour trading volume across all crypto assets has also increased by 10% to $150 billion, suggesting growing interest from buyers in crypto assets.