SynopsisBitcoin hovered near $64,000, buoyed by falling oil prices and optimism for a US-Iran peace deal, which lifted overall risk sentiment. While Bitcoin saw a slight gain, Ethereum experienced a minor dip. Major altcoins showed mixed performance, with some falling and others rising.APBitcoin traded near the $64,000 mark as falling oil prices and US-Iran peace hopes lifted the risk sentiment. The cryptocurrency was trading at $63,538 mark.In the past 24 hours, Bitcoin was up 0.2% and Ethereum was down 0.16%, trading near the $1,663 mark. Among the major altcoins, BNB, XRP, Dogecoin, Hyperliquid and Cardano fell nearly 2% whereas Solana and Tron gained up to 1%.Also Read | Sectoral and thematic fund inflows plunge 67% to Rs 647 crore. Are investors turning away from thematic bets? Crypto TrackerTOP COINS (₹) 6,057,995 (1.02%)57,300 (0.57%)158,720 (0.54%)95 (-0.15%)95 (-0.21%)The global crypto market capitalisation edged down 2% to $3.07 trillion, according to CoinMarketCap.Riya Sehgal, Research Analyst, Delta Exchange said that Bitcoin is trading near the $63,000–$64,000 zone, while Ethereum is holding around $1,650–$1,680. The decline in Brent oil to its lowest level since March has eased some geopolitical inflation pressure, while Polymarket odds showing a higher probability of a permanent U.S.-Iran peace deal by year-end have also improved broader risk sentiment.Sehgal further added that technically, BTC is holding above its 4-hour 20 EMA and testing the 50 EMA near $63,600–$63,700. RSI around 55 shows mild bullish momentum, while falling ATR near 890 indicates volatility compression.In the past week, Bitcoin and Ethereum were up 4% and 6% respectively. Among the major altcoins, BNB, XRP, Solana, Dogecoin, Cardano gained up to 11% whereas Tron and Hyperliquid fell 1% and 3% respectively.WazirX Market Desk said that this week, Bitcoin traded between $61,244 and $63,536, staying below key moving averages but showing improving RSI toward the end of the week. Oversold readings, dip buying, long-term accumulation, and Bitcoin's growing role as collateral kept the recovery's potential in focus.Also Read | Quant Small Cap Fund raises stake in Adani Enterprises and 8 others, trims in Aurobindo Pharma and 4 more Ethereum traded between $1,625 and $1,684, holding near the key $1,600 level. Whale accumulation, low exchange reserves, and roadmap developments around Layer 2 scaling, privacy, and composability supported its long-term outlook, WazirX Market Desk further said.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)If you have any mutual fund queries, message on ET Mutual Funds on Facebook/Twitter. We will get it answered by our panel of experts. Do share your questions on ETMFqueries@timesinternet.in along with your age, risk profile, and Twitter handle.Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless(You can now subscribe to our ETMarkets WhatsApp channel)Read More News on(What's moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .) Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today. Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price...moreless
Bitcoin holds near $64,000 as falling oil prices and US-Iran peace hopes lift risk sentiment
Bitcoin hovered near $64,000, buoyed by falling oil prices and optimism for a US-Iran peace deal, which lifted overall risk sentiment. While Bitcoin saw a slight gain, Ethereum experienced a minor dip. Major altcoins showed mixed performance, with some falling and others rising.
Bitcoin at $63,538 (+0.2% 24h), driven by oil price decline and US-Iran peace optimism boosting risk sentiment. Volatility compression and technical signals (RSI 55, ATR 890) indicate accumulation phase—relevant for tech managers hedging exposure.












