The broader cryptocurrency market retains its newfound risk appetite as Bitcoin (BTC) holds above $78,000 on Friday, despite the US-Iran peace negotiations becoming volatile. Meanwhile, Zcash (ZEC), Chiliz (CHZ), and Algorand (ALGO) emerge as top performers over the last 24 hours.

Bitcoin remains resilient amid the US-Iran conflict

Bitcoin is holding above $78,000 at press time on Friday, up roughly 15% so far this month. The strong resilience in BTC’s price is backed by institutional and Wall Street adoption, increased M2 liquidity, and the possibility that Iran will use BTC for toll payments across the Strait of Hormuz, as previously reported by FXStreet.

CoinMarketCap’s Crypto Fear and Greed Index remains at 60 on Friday, indicating…