Bitcoin price hovered above $ $70k on Wednesday following the crypto market sideways, reflecting renewed market pressure. The broader crypto market surged 0.37%, bringing total capitalization down to $2.44 trillion. XRP price hovered above $1.40 eyeing bullish breakout after President Donald Trump announced 5-Day pause on strikes against Iran. Ethereum, Solana, and Dogecoin also recorded mild corrections.
Prediction as Trump Announces 5-Day Pause on Strikes Against Iran
President Donald Trump announced a five-day pause on planned U.S. military strikes targeting Iranian power plants and energy facilities. He said Washington and Tehran have engaged in productive discussions aimed at ending their hostilities.
Trump described the recent exchanges as constructive and focused on reaching a comprehensive agreement. He shared the update Monday in a post on his Truth Social platform.
Speaking to reporters at a Florida airport, Trump stated that Iran appears ready to negotiate seriously. He noted that American envoys are holding talks with a respected Iranian figure. However, he clarified that discussions do not involve Supreme Leader Mojtaba Khamenei directly. Trump insisted that any final agreement must require Iran to relinquish its enriched uranium stockpile.
He added that reopening the Strait of Hormuz would follow swiftly if a deal is secured. The strategic waterway remains critical for global energy shipments and regional stability. Trump expressed optimism that major sticking points have narrowed during the recent conversations.
Bitcoin Sees $167 Million ETF Inflow as XRP Maintains Strong Cumulative Gains
In March, the inflows in bitcoin exchange-traded funds reached a record high of 2.5 billion, indicating the resurgence of investor confidence. The recovery is after massive withdrawals that were observed in the past few months. November 2025 to February 2026 recorded a net outflow of 6.386 billion with Bitcoin ETFs. It was a span of four consecutive months of negative flows. Recent fresh data of SoSoValue reported that the total net inflows have reached to $167 million till the latest close.
The profit broke a four day streak of further retreats. Players in the market are seen to be gradually coming back with price stability. In the meantime, reported net inflows of U.S. XRP spot ETFs were cumulative, 1.21 billion. The volume of trading in such XRP-linked funds was up to 16.21 million. The momentum has resulted in total 2026 net outflows being close to being narrow, about $210 million.
Bitcoin and XRP Price Prediction: Key Levels To Watch
On Wednesday, the Bitcoin and XRP prices remained low, with investors keeping an eye on key technical levels across key cryptocurrencies. Bitcoin traded around the $71,188 level, which was consolidated around the solid resistance level of $71,800.
The fall below the level of $70,000 would increase the selling pressure towards the level of $68,000. Maintaining stability above that mark may instead encourage renewed accumulation from buyers.
If the Bitcoin long-range prediction rally beyond $75,000 would likely strengthen bullish momentum and target the psychological $80,000 level.
At the same time, XRP price hovered around $1.41 amid broader market consolidation. If XRP price holds above the $1.40-$1.43 support band may support a rebound toward $1.50. A clear breakdown below that zone could send XRP sliding toward $1.35.