BTC Reclaims $76,000 as U.S.-Iran Agreement Nears Finalization
2026-05-24 04:45

Monitored by Woofun AI, Bitcoin (BTC) has reclaimed the $76,000 level, currently trading at $76,800, while Ethereum (ETH) rebounded above $2,100 to reach $2,130. This price action coincides with statements from Trump indicating that the U.S.-Iran agreement is essentially finalized, providing a macro catalyst for the rally.

In the past hour, total liquidations across the network reached $103 million, driven primarily by short positions which accounted for $89.8094 million compared to $12.809 million in long liquidations. BTC liquidations totaled $44.25 million, and ETH liquidations amounted to $38.61 million, highlighting significant volatility and short-squeeze pressure in the immediate term.

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