After a week-long decline, the cryptocurrency markets demonstrated signs of stability over the past 24 hours. The price drops were attributed to ongoing geopolitical conflicts that affected the value of riskier assets. Bitcoin maintained a price just above $26,800, experiencing a 3% loss in the previous week. Ether, on the other hand, traded at over $1,500 after a 5% decline. Other prominent cryptocurrencies also stabilized, with XRP and Solana's SOL dropping by as much as 8%, while BNB Chain's BNB and dogecoin experienced a more modest decline of 3%. Experts suggested that the recent price movements did not indicate a bullish or bearish trend but rather showed a balance between buyers and sellers. The relative stability witnessed in the bitcoin-led market on Friday may have arisen from increased confidence in bitcoin as a long-term, high-quality asset, following initial fears of a sell-off. Bobby Zagotta, the US CEO of Bitstamp, commented that bitcoin remained the most established, well-understood, and trusted cryptocurrency for the foreseeable future, with the exchange experiencing continuous growth in its active trading clients week after week.