Bitcoin (BTC) remained above US$ 64 thousand on Saturday, following a moderate recovery in the cryptocurrency market. The asset briefly touched US$ 64.500 before giving back part of the gains.
The move came after current US President Donald Trump suspended planned attacks against Iran. The decision also brought some relief to the markets, while negotiations between Iran and Oman awaited resumption.
During the week, Bitcoin showed strong volatility. On Monday, the price fell from approximately US$ 65.000 to US$ 63.750, but found buyers in that region and recovered about US$ 2.000.
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On Tuesday, the recovery gained strength. BTC came close to US$ 67.000 on some exchanges, marking the month's high before starting a correction.
After rising more than US$ 3.000 in just over 24 hours, Bitcoin lost momentum. On Thursday, the price fell back below US$ 65.000 and, on Friday, a recovery attempt ended near US$ 65.750.
The rejection in that region caused a drop of approximately US$ 2.000. However, buyers defended the lower levels and helped BTC remain near US$ 64 thousand.
With the recovery, Bitcoin's market capitalization returned to approximately US$ 1,29 trillion. The cryptocurrency's dominance also rose to near 57% of the market.
Shiba Inu surges among altcoins
Among the leading altcoins, Shiba Inu (SHIB) posted the strongest performance. The token surged more than 35% and reached its highest price in approximately two months.
PEPE also posted strong performance, rising 9,6% on the day and accumulating gains of 26% over the last month. Dogecoin (DOGE) climbed 5,8%, reaching US$ 0,073.
VVV advanced 12%, to US$ 14,50, while Avalanche (AVAX) posted a gain of approximately 9%.
Among other large-cap cryptocurrencies, Ethereum (ETH) rose 1,5% and approached US$ 1.900. XRP returned to US$ 1,10, while Hyperliquid (HYPE) gained 2,5%, although it remained below US$ 60.
Zcash (ZEC) and CC also posted gains. The total cryptocurrency market capitalization rose slightly from the previous day, remaining below US$ 2,3 trillion.