Bitcoin gains modestly on ceasefire optimism; oil sinks 4%

Crypto prices softened for much of the day but staged a mild rebound late in the session as signs of geopolitical easing emerged.

Momentum improved shortly after U.S. equities closed, trimming earlier losses across the digital asset market.

According to Channel 12, a one-month ceasefire may be imminent, tied to ongoing diplomatic efforts led by White House envoys Steve Witkoff and Jared Kushner.

The report provided a modest boost to risk appetite, helping crypto markets recover from earlier weakness

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