Bitcoin holds near $64,000 as a renewed Hormuz threat clouds US-Iran ceasefire talks (opens original article in a new tab)

Bitcoin held near $64,000 as US-Iran ceasefire talks and renewed Hormuz threats impacted market stability

• Bitcoin hovered around $64,200 over the weekend, up 0.9% over 24 hours but roughly flat on the week
• Major cryptocurrencies mostly firmed, with ether, solana and tron posting weekly gains while dogecoin lagged
• US-Iran ceasefire talks in Switzerland and Iran's renewed threat to close the Strait of Hormuz are affecting market sentiment