Crypto markets found support on Friday after reports suggested the United States and Iran were close to extending their ceasefire and reopening shipping routes through the Strait of Hormuz.
Summary
- Crypto prices steadied as reports pointed to a potential 60-day U.S.-Iran ceasefire extension and easing oil prices.
- Bitcoin ETF outflows reached $2.85 billion over nine straight sessions, while Ethereum ETFs extended their losing streak to 13 days.
- Traders are watching a $6.1 billion Bitcoin options expiry on Deribit, with max pain positioned near $75,000.
According to data from CoinGecko, the total cryptocurrency market capitalization held near $2.56 trillion after…
