Guavy AI Editorial TeamSentiment: -2Clout: 82

Bitcoin Slumps on Uncertainty Over US-Iran Peace Talks

Tether Gold has joined forces with Ledn, allowing investors to borrow against their gold holdings.

The move comes as the cryptocurrency market experiences a subdued weekly performance, with Bitcoin and other major assets experiencing losses.

Bitcoin fell 1.7% to $62,835.6 on Friday, and was set to lose 1.2% over the past week.

The decline in crypto prices was attributed to uncertainty surrounding U.S.-Iran peace talks, which were delayed due to a lack of delegation from Iran.