Crypto markets pared losses late in the day as reports hinted at a possible pause in Middle East tensions.
After spending most of the session in the red, digital assets saw a modest recovery in the minutes following the close of U.S. stock markets.
A report from Channel 12 indicated that a one-month ceasefire could be announced soon, as part of negotiations involving White House representatives Steve Witkoff and Jared Kushner.
The development slightly improved market sentiment, helping crypto prices bounce off intraday lows.
