Bitcoin neared $70,000 as reports of potential U.S.-Iran ceasefire talks boosted risk appetite and triggered more than $270 million in short liquidations. Bitcoin climbed to near $70,000 as traders reacted to signs of possible de-escalation in the Iran war and amid a short squeeze that liquidated more than $270 million in shorts. Algorand's ALGO token has jumped nearly 50% this month and pushed its market value above $1 billion after a Google Quantum AI paper highlighted its use of the FALCON post-quantum signature scheme as a model for quantum-resistant blockchain security. Algorand's ALGO token has surged nearly 50% in the past 30 days after a Google Quantum AI research paper highlighted its approach to quantum-resistant security. Algorand drew notable attention for its use of FALCON, a post-quantum signature scheme selected by U.S. standards body NIST. ALGO rose from about $0.08 to near $0.12 so far, bringing its market capitalization past $1 billion.