Compass Investments

**Prices for BTC, ETH, SOL: Whats Next as Bitcoin Hovers Below the $64,000 Level**

– At the start of this week, Bitcoin was trading in a range around $64,000, lagging behind the rally in Asian stock markets, even though the macroeconomic backdrop had become more favorable.

Bitcoin started the week fluctuating near the $64,000 mark, staying on the sidelines of the rally in Asian stock markets, amid a convergence of positions between the U.S. and Iran on a long-term peace agreement.

According to CoinDesk, on Monday the token was trading at around $63,996, down 0.4% from the previous day and 2.2% lower for the week. Other market segments showed mixed performance. Solana rose 3.7% over the week to $74, Tron gained 2.2% , and Ethereum remained virtually unchanged at $1,733. Other coins saw more significant declines: BNB fell 4.2% over the week, XRP dropped 4.3% to $1.13, and Dogecoin was the weakest performer among major tokens, losing 6.5% . HYPE from Hyperliquid, the leader in early June, fell 5% over the day, with weekly growth totaling just 1.9% .

The macroeconomic situation has become more favorable, but this has not affected cryptocurrencies. The U.S. and Iran agreed on a roadmap to conclude a final peace treaty within 60 days, while the price of Brent crude oil fell by 1.7% to approximately $79 per barrel. LINE_BREAK The MSCI Asia Index gained 0.6% thanks to a rally in the technology sector driven by continued optimism in the field of artificial intelligence, while U.S. futures declined: S&P 500 futures lost 0.5% .

According to Bloomberg, the mediatorsQatar and Pakistannoted encouraging progress in a joint statement, including a mechanism for further technical negotiations and a communication channel to ensure the safe passage of merchant ships through the Strait of Hormuz.

However, this progress is still preliminary, as the talks began on Sunday amid tense circumstances: Iran briefly suspended them after President Donald Trump once again threatened to launch strikes if Hezbollah continued its attacks on Israelbut then both sides agreed to establish a communication channel to prevent escalation.

Bitcoin has tracked risk assets through every twist and turn in the Iran situation, but this week it opened flat, while the markets with which it typically moves in tandem are rising. The test now will be whether the 60-day roadmap holds and whether the cryptocurrency can reconnect with risk-on sentiment or will continue to fluctuate within a range below the levels it previously held.”,”detected_source_language”:”RU