Bitcoin, other leading cryptocurrencies, saw a surge in value after President Donald Trump announced "very good and productive discussions" with Iran. Bitcoin hit an intraday high of $71,782, followed by an 80% increase in 24-hour volume and a 38% jump in social chatter. The global cryptocurrency market capitalization rose by 3.41% over the last 24 hours. Nearly $660 million was liquidated from the cryptocurrency market over the past 24 hours, mostly from bearish short positions. The Dow Jones Industrial Average rallied by 1.38%, the S&P 500 also climbed 1.15%, and the Nasdaq Composite gained 1.39%. However, Iran's foreign ministry denied any dialogue had taken place, claiming it was intended to influence energy prices.