Crypto holds steady after overnight drop as Brent climbs to $89.08

Crypto prices were little changed on Tuesday after an overnight pullback, as brief optimism over a Strait of Hormuz deal faded and broader risk appetite stayed muted. President Donald Trump's demand for 50 years of compensation from Iran as a condition for any negotiation weakened hopes for a near-term resolution and helped lift Brent crude to $89.08, more than 12% above last week's low. Bitcoin traded at $64,193.70, up 0.26% since midnight UTC but down 1.68% over 24 hours, while Ether at $1,885.16 outperformed Bitcoin since midnight yet was still 2.4% lower on the day. Traditional markets were similarly subdued, with U.S. equity index futures flat ahead of Wednesday's CPI report (U.S. inflation data), the week's main catalyst. Additional pressure came from Strategy's sale of a further 1,690 BTC on Monday, its fourth straight weekly reduction, with the company having made no Bitcoin purchases since June.

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