Bitcoin holds above $63,000 after volatile week, macro factors aid recovery
Bitcoin has stabilized above $63,000 following a volatile week, recovering from lows below $60,000. The cryptocurrency's rebound was aided by easing geopolitical tensions, particularly hopes for a US-Iran peace deal, and a broader risk-on sentiment in stock markets. A minor sale by MicroStrategy initially caused some market jitters, but the overall macro environment supported Bitcoin's recovery, while most major altcoins experienced slight declines.