Bitcoin and Ethereum are holding near key technical levels after renewed military action between the United States and Iran rattled global markets. While most major cryptocurrencies posted limited movement over the past 24 hours, APX and HASH delivered strong gains, whereas BEAT erased much of yesterday’s rally with a sharp decline.
Bitcoin Faces Another Test at $64,000
Bitcoin experienced modest price swings over the last day as geopolitical tensions resurfaced following another exchange of strikes between the US and Iran. The leading cryptocurrency is once again attempting to hold above the $64,000 mark.
Price action closely resembles last weekend, when Bitcoin traded within a relatively narrow range before breaking higher early in the week. That rally pushed the asset to $64,000, only for it to reverse sharply after Michael Saylor’s Strategy disclosed its largest Bitcoin sale to date, sending BTC down to around $61,200.
Unlike the previous selloff, however, Bitcoin recovered almost immediately, climbing to roughly $64,600 before encountering fresh resistance. Renewed hostilities in the Middle East later triggered another decline, dragging the asset back to about $61,600.
Buyers returned once again, driving Bitcoin to a weekly high near $64,700 on Friday. The momentum faded after the latest developments in the region, leading to another pullback toward $63,600. At the time of writing, BTC is trading close to $64,000, with traders expecting heightened volatility as traditional financial markets reopen later today or on Monday.
Bitcoin’s market capitalization currently stands at around $1.28 trillion, while its market dominance has edged higher to 56.8%.
DEXE Leads Large Cap Altcoins
Ethereum continues to battle the important $1,800 resistance level, which many market analysts view as a decisive barrier for its next move.
Most major altcoins have posted only modest changes over the past day. XRP, Solana, Dogecoin, Stellar, Cardano, and BNB are trading slightly lower, while TRON, Hyperliquid, and Monero have recorded small gains.
Among the stronger performers, Zcash has climbed about 5 percent to trade above $525, Rain is up roughly 3 percent near $0.015, and Uniswap has advanced to around $3.65.
DEXE emerged as the standout performer among large cap cryptocurrencies, surging more than 17 percent to exceed $43. APX and HASH also posted double digit gains, while BEAT suffered the steepest decline of the day, dropping more than 20 percent after its previous rally.
The total cryptocurrency market capitalization has slipped slightly over the past 24 hours but remains close to $2.26 trillion.#crypto#cryptonews https://coinsignals.net https://t.me/coinsignalpublic
