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International Business Times
International Business Times
Business
IBT Newsroom

Crypto Climbs As Investors Turn To Digital Assets Amid Rising Geopolitical Tensions

Major cryptocurrencies climbed Monday as investors increasingly turned to digital assets during heightened geopolitical tensions in the Middle East, reinforcing a narrative that crypto may act as a hedge during periods of global uncertainty.

Bitcoin rose about 3% over the past 24 hours to roughly $73,700, while Ethereum surged more than 7% and XRP gained around 5%, according to market data reported by Barron's.

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