Bitcoin markets experienced renewed bullish momentum today, reclaiming the $69,000 level after reports emerged that the U.S. and Iran are discussing a 45-day ceasefire, which lifted risk assets across the board with short liquidations outpacing longs nearly 3-to-1 in the past 12 hours. The geopolitical development provided a catalyst for crypto markets that have been struggling with bearish sentiment in recent weeks. Meanwhile, XRP demonstrated independent strength, drifting higher to $1.33 with rising volume and steady support near $1.30 suggesting buyers remain active, though the token remains tied to broader crypto market sentiment. Market analysts are closely monitoring whether this relief rally can sustain momentum above key technical levels. The price action underscores the continued sensitivity of cryptocurrency markets to geopolitical developments, particularly those affecting global risk appetite and safe-haven asset flows in an increasingly interconnected financial landscape.