Crypto markets erased their weekend slump on Monday as risk assets rallied following reports that G7 energy ministers are discussing a potential release of oil reserves to compensate for supply disruptions caused by the ongoing Iran conflict.
Bitcoin (BTC) is trading at around $69,000, up 2.7% over the past 24 hours. Meanwhile, ETH and SOL gained 4% to about $2,020 and $85, respectively, and XRP is up 1.7% on the day.
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