Crypto Today: Bitcoin, Ethereum advance while XRP lags amid US-Iran deal optimism

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August 5, 2026 · 11:00 AM

Crypto Today: Bitcoin, Ethereum advance while XRP lags amid US-Iran deal optimism

Bitcoin (BTC) hovers near $64,000 at the time of writing on Wednesday, buoyed by a marginal improvement in crypto sentiment amid growing optimism that the United States (US) and Iran could potentially reach an agreement to open the Strait of Hormuz this week.

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