Cryptocurrencies Bitcoin, Ethereum, XRP, and Dogecoin surge following announcement of potential Iran deal breakthrough by Trump
April 15, 2026
Cryptocurrencies like Bitcoin, Ethereum, XRP, Solana, and Dogecoin experienced a surge in value along with the general stock market on Monday following comments from President Donald Trump about a potential deal with Iran. Bitcoin, in particular, saw a significant uptick, almost reaching $75,000 after a dip the previous day, with trading volume spiking by 80% within 24 hours. Ethereum also made gains, reaching an intraday high of $2,368, supported by robust buying activity, while XRP and Dogecoin also recovered lost ground.
Arete Research observed that Bitcoin futures’ open interest went up by 8.66% in the last day, coinciding with an increase in liquidated funds totaling over $530 million. Short position traders experienced substantial losses, with Coinglass data indicating a sizable liquidation of funds. Interestingly, data from Binance showcased a trend where both retail and whale derivatives traders turned “extremely bearish,” opting to increase their short positions on Bitcoin. A prevailing sense of “Extreme Fear” was noted in the market according to the Crypto Fear & Greed Index.
In the world of cryptocurrencies, some notable gainers included Genius Terminal (GENIUS) with an impressive 216.28% increase, RaveDAO (RAVE) rising by 42.20%, and Four (FORM) climbing by 18.85%. The overall global cryptocurrency market cap jumped to $2.52 trillion, marking a 4% increase from the previous day. Alongside the cryptocurrency market surge, traditional stocks also performed strongly. The Dow Jones Industrial Average rose by 301.68 points, ending at 48,218.25. The S&P 500 closed with a 1.02% increase at 6,886.24, while the Nasdaq Composite saw a 1.23% rise, settling at 23,183.74.
President Trump’s statement about Iran’s eagerness to strike a deal was a key driver in the positive market sentiment. He mentioned that Iran is keen on making a deal and that there have been discussions from both sides. This came shortly after signaling that the U.S. would restrict vessel movements related to Iran in the Strait of Hormuz following failed peace talks over the weekend.
At the same time, Iran’s Chief Justice expressed the country’s willingness to engage in negotiations if they adhere to certain principles and logic. On the commodities front, oil prices receded marginally, with West Texas Intermediate crude futures dropping by 2.36% to hit $96 per barrel.
Some noteworthy shifts were observed in cryptocurrency trading patterns, with reports indicating that Bitcoin inflows to Binance have significantly decreased to levels not seen in over six years. This downward trend suggests that investors are inclined towards a holding strategy instead of rushing to sell. Santiment data also pointed out that large Bitcoin holders controlling between 1,000-10,000 BTC now account for over 21.3% of the total Bitcoin supply, marking a two-month high for their holdings. This shift indicates a decrease in selling pressure and a potential shift towards a more conservative strategy amongst investors.
