Bitcoin prices have held steady despite recent statements from US President Donald Trump denying military plans against Iran, easing market concerns over rising geopolitical risks.
The information was provided by Iran's ambassador to Pakistan, who claimed Trump had assured Washington that Washington had no intention of war and asked Tehran not to target American assets.
The statement came on the heels of reports that violence in Iran's crackdown on protesters was waning, although human rights groups estimate the death toll at more than 2,400.
At the same time, the G7 countries issued a joint statement expressing serious concerns about the escalating repression by Iranian authorities and condemning the crackdown on the country's citizens.
While geopolitical tensions remain a major risk, the crypto market has so far shown resilience, with investors avoiding the panic reaction that followed the US military operation in Venezuela earlier this month.
