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Bitcoin recovers on easing US-Iran tensions – DeXe, Arbitrum rally

Bitcoin recovers on easing US-Iran tensions – DeXe, Arbitrum rally

  • Bitcoin extends gains above $63,000 on Friday as bullish momentum holds steady.
  • Risk-off sentiment eases in the crypto market as US-Iran tensions cool.
  • DeXe and Arbitrum are leading gains over the last 24 hours.

Bitcoin (BTC) price rises above $63,000 at press time on Friday, extending its recovery as tensions between the US and Iran ease following missile strikes earlier this week. DeXe (DEXE) and Arbitrum (ARB) are leading gains over the last 24 hours as the broader market risk-off sentiment eases.

CoinMarketCap’s Fear and Greed Index is at 30 on Friday, up from 26 on Wednesday, reaffirming a mild increase in risk appetite among traders.

Fear and Greed Index. Source: CoinMarketCap

Bitcoin targets the 50-day EMA

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