Bitcoin Surges Past $64k as Markets Eye Truce Expiration

Bitcoin surged past $64,000 on Monday as markets monitor the expiration of the US-Iran truce. Meanwhile, Ethereum rose by 1%.

The cryptocurrency market is experiencing a mix of volatility and stability, with Bitcoin's realized volatility falling to its lowest level in 12 months at 6.2% annualized. Analyst Trader Dom warns that this subdued price action will soon give way to increased volatility, with $67,000 being the key resistance level to watch.

Ethereum, on the other hand, has seen a slight increase of 1%, but its spot ETFs did not report any net inflows or outflows. XRP and Dogecoin held steady, while Shiba Inu experienced a slight dip.