Crypto Markets Bounce Back as Risk Appetite Improves

The cryptocurrency market has been gradually recovering from its recent losses, driven by improved risk appetite following a slight de-escalation in tensions between the US and Iran.

Market capitalization has risen to $2.24 trillion, with top altcoins such as Uniswap (+13%), Aave (+13.2%), and Aptos (+7.5%) showing gains over the past seven days.

Bitcoin, however, fell below its uptrend's support line on Friday, reaching a local low of $63.6K before rebounding above $65K ahead of European trading hours on Monday.

Ethereum outperformed Bitcoin in the recovery, hitting two-month highs and testing key support levels, indicating growing optimism in the market.