Trump gives Iran a Tuesday deadline as crypto market cap adds $70B

Crypto prices rose as US President Donald Trump issued mixed messages on Iran and the Strait of Hormuz, including a new deadline he suggested runs until Tuesday. Total crypto market capitalization increased about $70 billion to $2.44 trillion, while Bitcoin briefly reached $69,500 on Coinbase. The move triggered roughly $255 million in liquidations over 24 hours, with 73% tied to short positions.