With the cease-fire between Israel and Lebanon extended by three weeks, the price of bitcoin, which had once fallen to $77,000, climbed back above $78,000.

As of 9:15 a.m. on the 24th, on CoinMarketCap, a global coin price tracking site, bitcoin was trading at $78,298, up 0.86% from 24 hours earlier. Bitcoin fell to about $77,208 at 2:45 a.m. that day, then reversed higher and broke back above $78,000 around 6:35 a.m.

Prices of virtual assets appear on an electronic board at the Bithumb customer center in Gangnam District, Seoul, on the afternoon of the 15th. /Courtesy of News1

Ethereum, the No. 2 by market cap, is trading up 1.2% at $2,333. Ripple is up 1.07% at $1.43, Binance Coin is up 0.29% at $639, and Solana is up 0.47% at $86.24.

On the 23rd (local time), U.S. President Donald Trump said the cease-fire between Israel and Lebanon, which had been set to end on the 25th, would be extended by three weeks. On the news, as expectations grew for an easing of the Middle East crisis, virtual asset prices rose across the board.

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