By Alex Kozul-Wright
The price of Bitcoin climbed above $76,000 Tuesday as slated peace talks between the U.S. and Iran lifted financial market sentiment and as Strategy ramped up its holdings of the cryptocurrency.
The world's largest crypto was up by 1.7% to $76,387, according to CoinDesk data. Ethereum, the second-largest digital token was up by 1% and popular altcoin XRP gained 1.6%.
Amid doubts about whether it would attend, Iran told regional mediators that representatives would be present Tuesday for talks in Islamabad, Pakistan, according to The Wall Street Journal.
S&P500 and Nasdaq futures indexes each edged higher early Tuesday, by 0.2% and 0.3%, respectively alongside cryptos, which tend to reflect broad risk appetite.
Earlier this year, Bitcoin tanked amid a selloff in software stocks triggered by concerns about AI automation. It's now up 27% from its 52-week intraday low of $60,057 on Feb. 6, 2026, according to Dow Jones Market Data.
Meanwhile, Bitcoin may have risen Tuesday after Strategy -- the largest corporate holder of the currency formerly called MicroStrategy -- reported Monday that it purchased roughly $2.5 billion of the digital asset, its biggest weekly acquisition since November 2024.
Write to Alex Kozul-Wright at alexander.kozul-wright@barrons.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 21, 2026 06:31 ET (10:31 GMT)
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