BTC and ETH recover ground, trading above $63,000 and $1,650 respectively, despite geopolitical tensions and capital outflows.
Bitcoin climbed toward $63,000 on Thursday, extending its recovery as broader crypto markets stabilized. The move follows a period of capital outflows and geopolitical uncertainty, including ongoing US-Iran strikes, which had previously weighed on sentiment.
Ethereum rose above $1,650, while XRP traded near $1.12, reflecting a modest rebound in altcoins. Earlier in the week, both tokens had faced downward pressure amid risk aversion, though recent price action suggests renewed buying interest.
Market participants are monitoring whether the rally can sustain momentum, particularly as macroeconomic conditions remain fluid.