ETH, SOL, XRP surge as majors recover war-driven losses

ETH, SOL, XRP surge as majors recover war-driven losses — CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Crypto markets snapped back hard on Sunday after spending Saturday pricing in what looked like the start of a prolonged regional war. Bitcoin climbed to $66,843, up 5.2% over 24 hours, recovering most of the losses from Saturday's slide below $64,000 after U.S.

and Israeli strikes on Iran. The bounce accelerated after Iranian state TV confirmed the death of Supreme Leader Khamenei, which markets interpreted as raising the odds of a shorter conflict. Solana led the majors with a 10.8% surge to $86.42. Ether rose 7.5% to reclaim $1,994, putting it back within touching distance of $2,000 for the first time since Thursday.

Cardano added 6.7%, dogecoin gained 6.5%, XRP rose 5.6%, and BNB climbed 4.8%. The weekly picture is messier. Bitcoin is still down 1.6% over seven days, XRP has lost 2%, and dogecoin is off 2.5%. Solana and ether are the only majors that have clawed back into the green on the week, up 1.7% and 1.1% respectively.

Iran

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