Bitcoin stabilized near $64,000 over the weekend, paring back some of Friday’s decline as traders weighed the start of U.S.-Iran ceasefire talks against a renewed threat to close the Strait of Hormuz.
The token traded around $64,200 on Sunday, up 0.9% over 24 hours but roughly flat on the week, per CoinDesk data, after falling below $63,000 on Friday. Most majors settled on the side.
Ether rose 0.5% on the day and 3.3% on the week to $1,734, solana rose 1.5% to $73 and tron added 1.2%. Hyperliquids HYPE fell 2% on the day but remains the week’s standout, up 14.8%. Dogecoin was the weakest major, down 4.9% over seven days.
Bitcoin hasn’t gone anywhere on the web this week, rising early on the signed Iran deal, selling off on Friday in a broad risk-off move and stabilizing over the weekend.
The weekend’s focus is Switzerland, where US and Iranian officials, including Vice President JD Vance, are set to hold open talks on a permanent ceasefire, according to Bloomberg.
The negotiations follow the memorandum of understanding signed by President Donald Trump last week, which set a 60-day window that can be extended.
