Cryptocurrency prices are broadly rebounding on Thursday, following a dominant sell-off largely attributed to geopolitical tensions in the Middle East. Bitcoin (BTC) has risen and trades near $63,000, while Ethereum (ETH) pares losses around $1,750 as bulls aim for a short-term breakout above $1,800.

Meanwhile, despite Ripple’s (XRP) broader bearish outlook, the remittance token trades near $1.10 resistance, up from its short-term support range between $1.05 and $1.07.

Crypto sentiment dampens amid mounting geopolitical tensions

The United States (US) and Iran continued to launch attacks at each other for the second consecutive day on Thursday, amid mounting pressure on the fragile ceasefire between the two countries, according to a CNN…