Bitcoin holds near $64,000 as US-Iran ceasefire talks cloud markets

Bitcoin holds near $64,000 as US-Iran ceasefire talks cloud markets — CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

Bitcoin steadied near $64,000 over the weekend, trading around $64,200 as it recovered part of Friday's slide. The token was up 0.9% over 24 hours but roughly flat for the week after falling below $63,000 on Friday, and most major cryptocurrencies firmed alongside it.

Ether rose 0.5% on the day and 3.3% for the week to $1,734, while solana gained 1.5% to $73 and tron added 1.2%. Hyperliquid’s HYPE slipped 2% on the day but remained the week's standout, up 14.8%, and dogecoin was the weakest major, down 4.9% over seven days. Bitcoin has been range-bound this month, rallying early on the signed Iran deal, selling off Friday in a broad risk-off move, and stabilizing over the weekend.

Markets are focused on talks in Switzerland where US and Iranian officials, including Vice President JD Vance, were due to open negotiations on a permanent ceasefire. The meetings follow the memorandum of understanding President Donald Trump signed last week, which set a 60-day window that can be extended.

Switzerland

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