Bitcoin returns to its bullish momentum, crypto market surges after Trump's statement, check the rates of the top 5 cryptocurrencies

Bitcoin Price Today, 31 March: The crypto market has returned to a bullish trend after US President Donald Trump said that he is in talks with Iran's new regime to reduce tensions.

Bitcoin returns to its bullish momentum, crypto market surges after Trump's statement, check the rates of the top 5 cryptocurrencies.

The escalating tensions in the Gulf region are impacting not only the commodity market but also the crypto market. Today, Tuesday, March 31, 2026, the price of Bitcoin and other cryptocurrencies is rising, driven by US President Donald Trump's remarks. A statement on geopolitical tensions. President Trump said yesterday that he was having good discussions with Iran's new regime. His statement suggests peace talks are on the horizon and geopolitical tensions appear to be easing.

Is stress decreasing?

1. Even though the crypto market appears to be returning to bullish momentum today, Tuesday, US President Donald Trump's statements regarding Middle East tensions cannot be trusted until the tensions end or subside.

2. US President Donald Trump has stated several times in the past that peace talks with Iran are progressing well, a statement that has been denied by Iran.

3. Trump issued a new threat today, threatening to target Iran's power plants and oil wells if the Iranian government does not comply. The crypto market is yet to react to this statement.

4. If the tensions between the US, Israel, and Iran that have been ongoing for the past five weeks ease, it will reduce the aversion to risky assets and the ongoing outflows of Bitcoin ETFs, Ethereum ETFs, etc. may also reduce.

Price of top 5 cryptocurrencies

1. Bitcoin price

The price of Bitcoin, the world's largest cryptocurrency, rose 0.42% in the last 24 hours, reaching $67,676.21. While Bitcoin's price is showing an upward trend today, it remains well below its all-time record of $126,000. If Bitcoin regains the $68,000 support level, it could rise to $71,500.

2. Ethereum price

Ethereum's price recorded a gain of 0.78% in the last 24 hours, driven by increased demand for derivatives and spot buying.

3. Tether Price Performance

The cryptocurrency saw a slight increase of 0.1% in price over the past 24 hours, settling at $0.9992.

4. BNB Price Performance

The world's fourth-largest cryptocurrency BNB price saw a slight decline of 0.64% to $611.70 in the last 24 hours.

5. XRP Price Performance

The price of this cryptocurrency has fallen by 2.17% in the last 24 hours, reaching $1.32. This is due to a 6% decline in the Altcoin Season Index.

Disclaimer: This article is for informational purposes only. Do not consider it as investment advice. Consult your financial advisor before investing anywhere.