Bitcoin (BTC) price rose to $71,000 on Tuesday, with ether (ETH) also rising above $2,000. This comes as the dollar and oil both weakened following President Donald Trump's announcement that the Iran war would end "very soon". The strength of the crypto market extended into the following day, with the Dollar Index (DXY) briefly trading as high as 99.7 and now at 98.5. Bitcoin and the broader market have been in a clear downtrend since early October, but it needs to break this trend to break it. Open interest (OI) in futures tied to HYPE, the best-performing token of the past 24 hours, has grown 14% to $1.41 billion. Other notable gains include a double-digit gain for ALEX token Jupiter (JUP), and ETHFI (highest point since Jan. 29.