Leading cryptocurrencies traded sideways, while stocks closed lower on Wednesday as resumption in U.S.-Iran hostilities dampened risk-on appetite

Leading cryptocurrencies rallied Sunday evening, even as rising tensions in the Middle East fueled doubts about sustained market momentum.

BTC, ETH, XRP and others pulled back from their overnight highs as Iran-Israel tensions and oil rally triggered risk aversion in Asian stocks.

Leading cryptocurrencies dipped, while major stock indexes closed higher on Monday as investors pinned hopes on a lasting ceasefire in the Middle East.

Bitcoin fell to $62,900 as oil prices surged over 3% to $93.50 amid renewed Iran-Israel conflict, dragging crypto and equities into risk-off territory.

Leading cryptocurrencies fell alongside major stock indexes on Tuesday amid a big escalation in the Middle East conflict.

Bitcoin rebounded from recent lows but remains below $62,000 as Fidelity recorded its largest Ethereum purchase in two months, signaling renewed institutional interest.

Leading cryptocurrencies traded sideways, while stocks closed lower on Wednesday as resumption in U.S.-Iran hostilities dampened risk-on appetite

Leading cryptocurrencies climbed alongside stocks on Thursday after President Donald Trump called off “scheduled” strikes on Iran amid hopes for a peace deal.

A de-escalation in the Iran conflict pulled oil lower and sent global stocks higher, lifting crypto out of a wildly volatile seven days.