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.

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

Bitcoin is holding $63,000 as optimism around a peace deal in the middle East fuels positive social sentiment.