Crypto assets traded lower through most of the session but clawed back some ground late in the day following reports of potential de-escalation.
The market’s tone improved in the minutes after U.S. stocks closed, with losses easing across major tokens.
According to Channel 12, a one-month ceasefire could be announced soon as part of negotiations led by White House envoys Steve Witkoff and Jared Kushner.
The headline provided a slight lift to risk sentiment, helping crypto markets recover from earlier declines.
