Bitcoin holds near $64,000 as US-Iran ceasefire talks and Strait of Hormuz tensions drive crypto markets
By
Shaurya Malwa
7h ago· 2 min readenNews
Summary
Bitcoin steadied near $64,000 over the weekend, recovering from Friday's drop below $63,000, as traders monitored US-Iran ceasefire talks and renewed threats to close the Strait of Hormuz. Ether rose 0.5% on the day and 3.3% on the week to $1,734, while Solana gained 1.5% to $73. Hyperliquid's HYPE was the week's standout performer, up 14.8%, while Dogecoin was the weakest major cryptocurrency.
Source
bskyBitcoin holds near $64,000 as US-Iran ceasefire talks and Strait of Hormuz tensions drive crypto marketscoindesk.comKey quotes
· 3 pulledBitcoin steadied near $64,000 over the weekend, clawing back part of Friday's drop
Most majors firmed alongside it
Hyperliquid's HYPE slipped 2% on the day but remains the week's standout, up 14.8%
Crypto firmed over the weekend after Friday's sell-off, with bitcoin recovering toward $64,000. Permanent ceasefire talks open in Switzerland, but Iran's order to close the Strait of Hormuz again revives the risk the deal was meant to settle.
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