Crypto Prices Remain Steady Amid Easing Geopolitical Tensions
Cryptocurrency prices have remained relatively stable on Friday, with Bitcoin edging higher above $64,000. Ethereum is also holding its own above the immediate $1,900 support area, raising hopes for a breakout above $2,000.
However, XRP's price continues to decline, approaching the crucial $1.00 support level for the fifth consecutive day.
The improvement in geopolitical tensions between the US and Iran has contributed to this relative stability, with reports suggesting that an agreement is near to reopen the Strait of Hormuz for commercial shipping.