The cryptocurrency market is broadly recovering on Monday following the headwinds at the end of last week, which saw Bitcoin (BTC) drop to $65,000 on Sunday. Although the crypto king has rebounded above $67,000, it holds below the $70,000 threshold, which remains a near-term target.

A 1.6% increase in market capitalisation to $2.41 trillion over the last 24 hours, as shown by CoinGecko data, characterises the crypto market’s resilience amid the United States (US) and Israel’s war with Iran.

US-Iran war weighs on market sentiment

US President Donald Trump has renewed threats against Iran’s water and energy infrastructure if a deal to end the war in the Middle East is not reached. According to a report by NBC News, Trump claimed that…