Bitcoin Stalls Above $64K as US-Iran Tensions Fuel Market Volatility

The cryptocurrency market has been experiencing minor volatility over the past day due to ongoing tensions between the US and Iran. Bitcoin's price has struggled to remain above $64,000 after a violent rejection on Monday following Michael Saylor's Strategy sale of its biggest BTC sale to date.

Despite the recent surge in price, many larger-cap altcoins have remained relatively stable, aside from ZEC and DEXE. The latter has seen a massive double-digit surge, rising over 17% to trade at $43.

Ethereum continues to face resistance at the $1,800 level, with several other assets such as XRP, SOL, DOGE, and ADA experiencing slight losses. However, ZEC and UNI have both seen increases in value, with ZEC rising by 5% to trade at $525.

The total crypto market cap remains close to $2.260 trillion on CG after a minor daily retreat.