Cryptocurrency prices extend a broad recovery, led by Bitcoin (BTC), trading above $66,000 at the time of writing on Tuesday. Ethereum (ETH) remains bullish above $1,940, after logging four straight days of gains. Meanwhile, Ripple (XRP) hovers around $1.13, building on the reclaimed $1.10 critical level.

Crypto market sentiment lags as US-Iran war rages on

After Monday’s heightened volatility, West Texas Intermediate (WTI) Crude Oil slipped to trade near $82 per barrel in the European session. Reports that mediators were advancing a proposed 10-day pause in strikes to revive the interim United States (US)-Iran deal eased pressure in global markets on Monday and early Tuesday.

However, geopolitical tensions remain elevated as US…