The crypto market is struggling to hold onto modest early-weekly gains on Thursday, as concerns over the United States (US) and Iran ceasefire deal keep markets on edge. Bitcoin (BTC) is battling to gain momentum above $70,000 after a rejection from its weekly high of $72,857. Altcoins, including Ethereum (ETH) and Ripple (XRP), are edging lower, trading below $2,200 and $1.35, respectively.

Interest in crypto assets appears to wobble amid deteriorating risk sentiment. The Fear & Greed Index is reading 14 in the extreme fear territory on Thursday, down from 17 the previous day.

US-Iran edgy ceasefire pressures Bitcoin, Ethereum and XRP

The US and Iran ceasefire deal continues to hold amid…