Crypto Market Stabilizes Following US-Iran Ceasefire

The cryptocurrency market has shown signs of stability after the announcement of a US-Iran ceasefire. The agreement has led to a decrease in global market uncertainty and a subsequent increase in risk appetite.

Bitcoin prices have stabilized above $71,000, while Ethereum and XRP are trading above $2,250 and $1.37 respectively.

The Fear & Greed Index has risen to 17 from 11, indicating a shift towards risk appetite and suggesting that investors are becoming more optimistic about the market's prospects.