Bitcoin and Ethereum prices rose on progress in U.S.-Iran nuclear talks and Strategy's additional bitcoin purchase. However, prices of major altcoins fell overall due to SpaceX's large bond issuance.
According to CoinMarketCap, a global digital asset market site, at 8:16 a.m. on the 23rd, bitcoin was trading at $63,854, up 0.37% from 24 hours earlier. Ethereum was trading up 0.66% at $1,720. In contrast, Solana fell 1.11% to $71.94, and Ripple (XRP) was down 0.05% at $1.12.
The rise of top virtual assets including bitcoin appears to be due to progress in talks between the United States and Iran. President Trump met with reporters at the White House that day and, regarding talks with Iran, said, "We are doing very well in coming up with a fair and reasonable agreement." He added, "If Iran does not keep its promises or does not act properly, I will do what I have to do."
Around the same time, Strategy said it had made an additional bitcoin purchase. Michael Saylor, chair of Strategy, said on his X account, "We bought an additional 520 bitcoins for $35 million (about 5.38 billion won)," adding, "Our bitcoin holdings have increased to 847,363 BTC."
However, the virtual asset market overall is on a decline due to SpaceX risk. News emerged that SpaceX would launch, for the first time ever, an investment-grade corporate bond issuance of at least $20 billion to raise funds to build artificial intelligence (AI) infrastructure. SpaceX shares plunged 16.4%. The market highlighted concerns about large-scale borrowing expansion and overvaluation.