The broader cryptocurrency market holds steady with Bitcoin (BTC) and Ethereum (ETH) above $74,000 and $2,350, respectively, at press time on Thursday, while Ripple (XRP) holds at $1.40. Sentiment recovers amid a Bloomberg report suggesting that US and Iranian officials are considering extending the two-week truce for better negotiations. Meanwhile, Chiliz (CHZ) and Morpho (MORPHO) are extending gains over the last 24 hours.

Crypto market sentiment holds steady

The risk-off sentiment across the cryptocurrency market is waning as the US-Iran truce talks continue. CoinMarketCap data shows the Fear and Greed Index is at 55 on Thursday, flashing a neutral stance and approaching 60, which would signal renewed greed among investors.