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Crypto Markets Rally on Geopolitical Relief as Bitcoin Tests $70K Resistance

Crypto Markets Rally on Geopolitical Relief as Bitcoin Tests $70K Resistance

Author:

Global Cryptocurrency

Published:

2026-03-10 07:23:02

17

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BTCCSquare news:

Digital assets surged after Donald Trump signaled de-escalation with Iran, with Bitcoin reclaiming $69,674 and Ethereum holding above $2,033. XRP led altcoin gains at $1.37 as risk appetite returned.

The rally faces immediate technical hurdles. Bitcoin's weekly chart shows bearish divergence despite the bounce from $65.5K support. A decisive break above $69.5K could target $72K-$76K resistance, but sustained momentum requires fundamental catalysts beyond geopolitical headlines.

Ethereum mirrors Bitcoin's trajectory while XRP outperforms. Market participants now weigh whether this is a relief bounce or the resumption of the bull trend.

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