Bitcoin stable as US Iran deal seems possible, Hyperliquid keeps rising

The price of the largest digital currency has been hovering around $76,000 for two days now after US President Trump withdrew a threat of war. The $76,000 support line is proving very strong as investors realize that serious negotiations are underway and a deal is possible.

As early as Monday evening, US President Donald Trump announced via Truth Social that he had postponed a planned attack on Iran at the request of several Gulf states. A drop in oil prices followed on Tuesday, although it remained fairly limited.

A barrel of WTI continues to trade above 100 dollars per barrel.

ZCash

It is always useful to see which cryptocurrencies are still performing well during such a declining market.

For instance, we see that privacy coins like ZCash still tend to show a slight increase on a weekly basis, whereas Bitcoin had already dropped by 5%.

Hyperliquid, the trading platform that allows you to trade virtually any commodity 24 hours a day, is also still performing well.

In the first month of the war between Iran and the United States, the daily trading volume of oil contracts on Hyperliquid already reached a peak of nearly 1.7 billion dollars, which is about 250 times more than the volume the same contract saw just before the US and Israel began bombing Iran in late February.

Over the past week, the price of Hyperliquid rose by some 8%.