Bitcoin traded around $74,000 on Friday as improving regulatory sentiment helped stabilize crypto markets.

Bitcoin fell below $76,000 on Tuesday as a lack of positive geopolitical developments contributed to risk-off sentiment.

Bitcoin is down as renewed U.S. strikes on Iran and heavy spot ETF outflows triggered broad risk-off selling across crypto markets.

Leading cryptocurrencies diverged from the stock market on Thursday, even as investors dissected reports of a ceasefire between the U.S. and Iran.

Bitcoin traded around $74,000 on Friday as improving regulatory sentiment helped stabilize crypto markets.