Crypto Market Sees Mixed Weekend as Bitcoin's Price Surge Fails to Continue

The crypto market experienced a mixed weekend, with some assets experiencing price surges while others plummeted in value.

Bitcoin had been gradually increasing in price after the US and Iran announced a two-week ceasefire. However, its upward momentum came to an end as the two sides failed to reach a permanent peace agreement.

The majority of altcoins followed suit, with many experiencing significant declines. Ethereum slid towards $2,200, while HYPE, ADA, BCH, and LINK saw more substantial drops in value.