The price of Bitcoin, XRP, and other cryptocurrencies jumped Wednesday but the rebound was less enthusiastic than that of other risk assets as investors remained cautious over digital assets' role in the Iran war.

Bitcoin, the world's largest cryptocurrency, was trading at $68,721 early in the day, up 3% over the past 24 hours, according to CoinDesk data. Ethereum, the second-largest crypto, rose 4.2% to $2,140, while popular altcoin XRP jumped 3.4%.

But those moves were more subdued than the stock market rally, and particularly the rebound in tech names. The technology-heavy Nasdaq Composite surged 3.8% Tuesday, its biggest daily gain in almost a year, after President Donald Trump gave hope that the war may soon end. Nasdaq futures were up more than 1% ahead of the open Wednesday.

Cryptocurrencies had a good start to the conflict, behaving a bit like a haven, which may be one reason digital assets aren't enjoying a bigger rebound now. Bitcoin reached close to $75,000 two weeks into the war but has fallen 8% since.

Write to Callum Keown at callum.keown@dowjones.com

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source: https://www.tradingview.com/news/DJN_DN20260401001952:0/