The total cryptocurrency market capitalization rose 4.48% to $2.87 trillion over 24 hours as Bitcoin, Ethereum and XRP extended gains following reports that U.S. President Donald Trump had backed off plans for attacks against Yemen’s Houthis. Bitcoin climbed to $84,468.29, up 5.11% in 24 hours and 8.65% over seven days, while Ethereum rose 4.98% to $2,707.70. XRP gained 6.77% to about $1.47. The rally followed reports that Trump temporarily halted a planned U.S. strike against Iran-linked Houthi targets after Saudi Crown Prince Mohammed bin Salman urged Washington to act. Houthi political bureau member Mohamed al-Bukhaiti said Washington contacted the group after its advance toward the Bab el-Mandeb Strait, and that the Houthis had promised not to attack American ships. He warned that the group could fight on several fronts if other countries joined Saudi Arabia’s campaign and said attacks on Saudi Arabia would continue until Riyadh lifted its blockade and allowed ships into Houthi-controlled Red Sea ports. Macro experts cautioned that renewed tensions involving Saudi Arabia could later weigh on Bitcoin and the broader crypto market.