Crypto market cap adds about $39B as ceasefire talks lift risk sentiment; spot demand remains key

Crypto markets steadied as geopolitical risks eased, pushing total market capitalization up by roughly $39 billion and leaving it near $2.19 trillion. Bitcoin reclaimed the $64,000 level while Ethereum traded around $1,723. Derivatives positioning improved, but spot demand indicators stayed weak, raising questions about how durable the rebound will be.