Bitcoin surpasses $64,000 and heads towards weekly gains

Bitcoin's price rose above $64,000, an increase of 1.9%, heading towards weekly gains of approximately 1%, amid reports of improved sentiment following US statements that eased fears of tensions between the United States and Iran. Major cryptocurrencies, such as Ethereum and XRP, also experienced modest gains, as institutional support for the market continues amidst ongoing geopolitical tensions.

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