Bitcoin recovers toward $64,000 amid US-Iran talks
Bitcoin prices have steadied near $64,000 after recovering from a drop below $63,000 on Friday. The token traded around $64,200 on Sunday, up 0.9% over 24 hours.
Major cryptocurrencies mostly firmed, with ether rising 0.5% to $1,734 and solana gaining 1.5% to $73.
The market is focused on US-Iran ceasefire talks and Iran’s renewed threat to close the Strait of Hormuz, which could impact oil prices and risk assets.