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s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}</script> <div class="plc583862"></div> <script type="text/javascript"> var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || []; var abkw = window.abkw || ''; var plc583862 = window.plc583862 || 0; (function(){ var divs = document.querySelectorAll(".plc583862:not([id])"); var div = divs[divs.length-1]; div.id = "placement_583862_"+plc583862; AdButler.ads.push({handler: function(opt){ AdButler.register(172179, 583862, [150,45], 'placement_583862_'+opt.place, opt); }, opt: { place: plc583862++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }}); })(); </script> </div> </div></div></div></div> <div class="entry-content no-share"> <div class="jeg_share_button share-float jeg_sticky_share clearfix share-monocrhome"> <div class="jeg_share_float_container"></div> </div> <div class="content-inner "> <div class="trusted-editorial-content trusted-editorial-content--top"> <img src="https://bit-coinist.de/wp-content/uploads/2025/02/safe.png" class="trusted-editorial-content__icon"> <div class="trusted-editorial-content__text"><u>Trusted Editorial</u> content, reviewed by leading industry experts and seasoned editors. <a href="#" target="_blank">Ad Disclosure</a></div> </div> <p><span style="font-weight: 400;">The Bitcoin, XRP, and </span><a href="https://bit-coinist.de/expect-a-dogecoin-pump/" target="_blank" rel="noopener "><span style="font-weight: 400;">Dogecoin prices</span></a><span style="font-weight: 400;"> are surging today, recording significant gains. This follows an agreement between the U.S. and Iran to a 2-week ceasefire as they work towards a peaceful settlement of the war. </span></p> <h2>Why The Bitcoin, XRP, And Dogecoin Prices Are Up Today</h2> <p><span style="font-weight: 400;">The Bitcoin, XRP, and Dogecoin prices are up over 4% today, according to </span><a href="https://coinmarketcap.com/" target="_blank" rel="noopener nofollow"><span style="font-weight: 400;">CoinMarketCap data</span></a><span style="font-weight: 400;">. This comes amid the announcement by both the </span><a href="https://bit-coinist.de/bitcoin-jumps-as-trump-mixes-threats-and-iran-talks/" target="_blank" rel="noopener "><span style="font-weight: 400;">U.S. and Iran</span></a><span style="font-weight: 400;"> of a 2-week ceasefire. In a </span><a href="https://truthsocial.com/@realDonaldTrump/116365796713313030" target="_blank" rel="noopener nofollow"><span style="font-weight: 400;">Truth Social post</span></a><span style="font-weight: 400;">, U.S. President Donald Trump announced that both sides had agreed to a temporary ceasefire and that Iran also agreed to reopen the Strait of Hormuz. </span></p><div class="jeg_ad jeg_ad_article jnews_content_inline_ads "><div class='ads-wrapper align-center '><div class='ads_shortcode'><div class="jeg_ad jeg_ad_article"> <div class="ads-wrapper align-center"> <div class="ads_code"> <!-- Article Wide 1 (728x90) [asyncbeta] --> <script type="text/javascript">if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}</script> <div class="plc367529"></div> <script type="text/javascript"> var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || []; var abkw = window.abkw || ''; var plc367529 = window.plc367529 || 0; (function(){ var divs = document.querySelectorAll(".plc367529:not([id])"); var div = divs[divs.length-1]; div.id = "placement_367529_"+plc367529; AdButler.ads.push({handler: function(opt){ AdButler.register(172179, 367529, [728,90], 'placement_367529_'+opt.place, opt); }, opt: { place: plc367529++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }}); })(); </script> </div> </div> </div></div></div></div> <div class="related-reading-shortcode">Related Reading: <a href="https://bit-coinist.de/why-bitcoin-price-is-crashing/" target="_blank" rel="noopener ">Here’s Why The Bitcoin Price Is Crashing, And Why It Could Continue</a></div> <p><span style="font-weight: 400;">Bitcoin, XRP, and Dogecoin prices also rose as Trump announced that, as part of the ceasefire, he has agreed to suspend bombing and attacks on Iran for 2 weeks. This came just as the </span><a href="https://bit-coinist.de/strait-of-hormuz-crisis-deepens-after-trump-deadline-crypto-markets-brace-for-volatility/" target="_blank" rel="noopener "><span style="font-weight: 400;">president’s deadline</span></a><span style="font-weight: 400;"> to attack Iran’s energy infrastructure neared, with the president already threatening to wipe out their ‘civilization.’</span></p> <p><span style="font-weight: 400;">Trump also signaled that they are close to reaching a peaceful and conclusive settlement of the war, which is also a positive for the Bitcoin, XRP, and Dogecoin prices. He noted that they have already met and exceeded all military objectives and are very far along with a definitive agreement concerning long-term peace with Iran and peace in the Middle East. </span></p> <p><span style="font-weight: 400;">Specifically, Trump revealed that they had received a 10-point proposal from Iran and that they believe it is a workable basis for negotiation. He added that almost all the points have been agreed to by the U.S. and Iran, and that the two-week period will allow them to finalize and consummate the agreement. </span></p><div class="jeg_ad jeg_ad_article jnews_content_inline_2_ads "><div class='ads-wrapper align-center '><div class='ads_shortcode'><div class="jeg_ad jeg_ad_article"> <div class="ads-wrapper align-center"> <div class="ads_code"> <!-- Article Text Banner 2 [javascript] --> <script type="text/javascript"> var rnd = window.rnd || Math.floor(Math.random()*10e6); var pid609692 = window.pid609692 || rnd; var plc609692 = window.plc609692 || 0; var abkw = window.abkw || ''; var absrc = 'https://servedbyadbutler.com/adserve/;ID=172179;size=0x0;setID=609692;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid609692+';place='+(plc609692++)+';rnd='+rnd+';click=CLICK_MACRO_PLACEHOLDER'; document.write('<scr'+'ipt src="'+absrc+'" type="text/javascript"></scr'+'ipt>'); </script> </div> </div> </div> <div class="jeg_ad jeg_ad_article"> <div class="ads-wrapper align-center"> <div class="ads_code"> <!-- Article Wide 2 (728x90) [asyncbeta] --> <script type="text/javascript">if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}</script> <div class="plc476001"></div> <script type="text/javascript"> var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || []; var abkw = window.abkw || ''; var plc476001 = window.plc476001 || 0; (function(){ var divs = document.querySelectorAll(".plc476001:not([id])"); var div = divs[divs.length-1]; div.id = "placement_476001_"+plc476001; AdButler.ads.push({handler: function(opt){ AdButler.register(172179, 476001, [728,90], 'placement_476001_'+opt.place, opt); }, opt: { place: plc476001++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }}); })(); </script> </div> </div> </div></div></div></div> <p><span style="font-weight: 400;">Iranian Foreign Minister Abbas Araghchi also </span><a href="https://x.com/araghchi/status/2041655156215799821?s=20" target="_blank" rel="noopener nofollow"><span style="font-weight: 400;">posted a statement</span></a><span style="font-weight: 400;"> on X confirming the 2-week ceasefire in the </span><a href="https://bit-coinist.de/heres-the-latest-on-the-us-iran-war-and-how-it-could-affect-bitcoin-ethereum-prices/" target="_blank" rel="noopener "><span style="font-weight: 400;">U.S.-Iran war</span></a><span style="font-weight: 400;">. He stated that Iran will cease its defensive operations as long as U.S.-Israeli attacks are halted. Araghchi also confirmed that they will ensure safe passage through the Strait of Hormuz over the next two weeks. </span></p> <h2>More Short Positions Liquidated<span style="font-weight: 400;"> </span></h2> <p><span style="font-weight: 400;">The Bitcoin, XRP, and Dogecoin prices have also surged as more short positions are liquidated in the last 12 hours amid the agreement to a 2-week ceasefire by the U.S. and Iran. Over this period, $400 million in </span><a href="https://bit-coinist.de/bitcoin-whales-short-positions-2/" target="_blank" rel="noopener "><span style="font-weight: 400;">short positions</span></a><span style="font-weight: 400;"> have been liquidated while $110 million in long positions have been liquidated, according to </span><a href="https://www.coinglass.com/liquidations" target="_blank" rel="noopener nofollow"><span style="font-weight: 400;">CoinGlass data</span></a><span style="font-weight: 400;">. </span></p><div class="jeg_ad jeg_ad_article jnews_content_inline_3_ads "><div class='ads-wrapper align-center '><div class='ads_shortcode'><div class="jeg_ad jeg_ad_article"> <div class="ads-wrapper align-center"> <div class="ads_code"> <!-- Article Text Banner 3 [javascript] --> <script type="text/javascript"> var rnd = window.rnd || Math.floor(Math.random()*10e6); var pid609693 = window.pid609693 || rnd; var plc609693 = window.plc609693 || 0; var abkw = window.abkw || ''; var absrc = 'https://servedbyadbutler.com/adserve/;ID=172179;size=0x0;setID=609693;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid609693+';place='+(plc609693++)+';rnd='+rnd+';click=CLICK_MACRO_PLACEHOLDER'; document.write('<scr'+'ipt src="'+absrc+'" type="text/javascript"></scr'+'ipt>'); </script> </div> </div> </div> <div class="jeg_ad jeg_ad_article"> <div class="ads-wrapper align-center"> <div class="ads_code"> <!-- Article Wide 3 (728x90) [asyncbeta] --> <script type="text/javascript">if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}</script> <div class="plc476002"></div> <script type="text/javascript"> var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || []; var abkw = window.abkw || ''; var plc476002 = window.plc476002 || 0; (function(){ var divs = document.querySelectorAll(".plc476002:not([id])"); var div = divs[divs.length-1]; div.id = "placement_476002_"+plc476002; AdButler.ads.push({handler: function(opt){ AdButler.register(172179, 476002, [728,90], 'placement_476002_'+opt.place, opt); }, opt: { place: plc476002++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }}); })(); </script> </div> </div> </div></div></div></div> <div class="related-reading-shortcode">Related Reading: <a href="https://www.newsbtc.com/news/bitcoin/bitcoin-ethereum-prices-crashing/" target="_blank" rel="noopener nofollow">Here’s Why The Bitcoin And Ethereum Prices Could Keep Crashing This Week</a></div> <p><span style="font-weight: 400;">It is worth noting that </span><a href="https://bit-coinist.de/last-time-oil-did-this-bitcoin-did-not-exist-btc/" target="_blank" rel="noopener "><span style="font-weight: 400;">oil prices</span></a><span style="font-weight: 400;"> have crashed following the agreement of a ceasefire. Both Brent crude and WTI oil futures have crashed below $100, down 14% and 8%, respectively, in the last 24 hours. This comes as traders begin to price in a long-term settlement between the U.S. and Iran, which is a positive for the Bitcoin, XRP, and Dogecoin prices.</span></p> <figure style="width: 2108px" class="wp-caption aligncenter"><img decoding="async" class="size-large" src="https://www.tradingview.com/x/rBtZVVCT/" alt="Bitcoin" width="2108" height="1636" /><figcaption class="wp-caption-text">BTC trading at $71,739 on the 1D chart | Source: BTCUSDT on <a href="https://www.tradingview.com/x/rBtZVVCT/" target="_blank" rel="noopener nofollow">Tradingview.com</a></figcaption></figure> <div class="disclaimer-shortcode">Featured image from Getty Images, chart from Tradingview.com</div> <div class="jeg_post_tags"></div> <div class="trusted-editorial-content trusted-editorial-content--bottom"> <img src="https://bit-coinist.de/wp-content/uploads/2025/02/safe.png" class="trusted-editorial-content__icon"> <div class="trusted-editorial-content__text"><strong>Editorial Process</strong> for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. 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