Bitcoin and Ethereum finished the July 13-17 week in positive territory, although geopolitical tensions, volatile institutional flows and profit-taking kept the cryptocurrency market on edge.

Bitcoin closed July 17 at about US$63,925, up 2.6% from US$62,320 on July 13. Ethereum performed more strongly, climbing 3.7% from US$1,776 to around US$1,842 over the same period.

The week began on a weak note as renewed tensions between the US and Iran pushed oil prices higher, reviving inflation concerns and dampening demand for risk assets. Bitcoin briefly fell below US$62,000 on July 13, while Ethereum touched a weekly low near US$1,752.

Both tokens rebounded sharply on July 14. Bitcoin surged above US$65,000 and later reached a…