Bitcoin has continued its steady performance despite the ongoing US-Iran conflict. The cryptocurrency has recovered from a brief dip below $65,200 and is currently trading near $67,500-$67,700.
The recovery comes after President Trump's willingness to end the war, which was reported by The Wall Street Journal. According to White House Press Secretary Karoline Leavitt, reopening the Strait of Hormuz is not the primary goal, but rather destroying Iran's navy and missile stockpiles, and preventing Iran from obtaining a nuclear weapon.
Oil prices fell back to around $103 after the report, while S&P 500 futures climbed 0.8%. Bitcoin's 24-hour range was $66,205 to $68,323.