Bitcoin Holds $64K as Stock Markets Hit Records and Hormuz Deal Approaches

Bitcoin (BTC) remained stable near the $64,000 mark on Tuesday, demonstrating resilience even as traditional stock markets surged to new all-time highs. The leading cryptocurrency by market capitalization traded in a narrow range, with investors closely monitoring geopolitical developments, particularly the potential diplomatic resolution regarding the Strait of Hormuz. The prospect of a deal in the region has contributed to a risk-on sentiment across global markets, yet BTC has maintained its position without significant volatility. Analysts suggest that Bitcoin's flat performance amid record equity highs indicates a period of consolidation, as market participants await clearer directional cues from macroeconomic data and potential Federal Reserve policy shifts. The stabilization around the $64,000 level is seen as a positive sign for the broader cryptocurrency market, with traders eyeing key support and resistance levels for the next major move.