Crypto Market Gains $3.4B After Trump’s Iran Stance Eases Risk

The crypto market added $3.42 billion to reach a total capitalization of $2.54 trillion on Monday as Bitcoin traded at $77,080. The gains followed weekend signals from former President Donald Trump that suggested a patient approach to negotiations with Iran, while Brent crude fell to $98.90.

Bitcoin was up 0.14% from Sunday and the total market was about 0.13% higher than the previous close. The overall capitalization recovered from a Saturday low of $2.45 trillion. Equity markets also moved: Japan’s Nikkei 225 climbed above 65,000 for the first time after the reported change in tone around U.S.-Iran talks.

Market participants noted continued uncertainty after two sources close to the negotiation team indicated the deal faced pressure from Israeli officials and U.S. domestic allies. That later report coincided with traders pausing near technical resistance levels.

On-chain and trading indicators showed mixed signals. Buy volume for Bitcoin has declined since mid-May even as prices held inside an ascending channel that formed after a roughly 40% drop in mid-January. Technical support sits at $74,124; a daily close below that level would expose a channel floor near $70,479. A daily close above $78,372 would open a path toward the channel’s upper trendline near $85,249 and the 0.618 Fibonacci retracement.

At the market level, the total crypto capitalization needs to clear $2.57 trillion, the 0.236 Fibonacci level, to extend the current recovery. If $2.45 trillion holds as support the market could attempt another run at $2.57 trillion and higher targets at $2.64 trillion and $2.70 trillion. A break below $2.45 trillion would put $2.38 trillion in view.

Smaller tokens showed uneven performance. Ondo Finance’s ONDO rose about 20% from a weekend low of $0.37 to $0.44 and was trading 5% higher over 24 hours on Monday. Traders flagged prior whale accumulation. ONDO requires a daily close above $0.45 to confirm near-term strength; resistance around $0.47 was noted from a May 22 wick.

Speculative activity increased in low-cap meme tokens after a false report about a prominent industry figure. New meme coins launched across Solana and the BNB Chain, with most of those tokens carrying market caps under $10,000. Market participants described the listings as high risk and liquidity-seeking.

On the infrastructure side, Ethereum co-founder Vitalik Buterin indicated the Ethereum Foundation remains under a prolonged power limitation. The foundation’s reduced ETH distributions have contributed to lower sell-side pressure in spot markets.

Traders continued to monitor geopolitical headlines and technical price levels. If key supports hold, market participants may test higher resistance; if supports fail, deeper retracements could follow.