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Headline: 24 Hour Crypto Recap: Here’s What Happened in the Market


Headline: 24 Hour Crypto Recap: Here’s What Happened in the Market

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AI Overview

Bitcoin held near $63,949 and Ethereum around $1,844 as total crypto market cap rose to $2.19 trillion, with top tokens XRP, Solana and HYPE trading near $1.08, $75.25 and $59.50 respectively. Institutional flows continued with Bitcoin ETFs posting a fourth straight $132M inflow led by BlackRock’s IBIT and ARK Invest reported long-term holders pushed holdings to a record 14.85 million BTC, suggesting accumulation and adoption despite a Q2 drop of about 14%, a Fear & Greed Index at 34 and escalating Strait of Hormuz security tensions that pose market risk.

Bullish

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  • Bitcoin holds near $63,949 as total crypto market cap rises to $2.19 trillion.
  • Bitcoin ETFs post $132M inflow, a fourth straight day, led by BlackRock’s IBIT.
  • Iran claims strike on US base in Syria as Strait of Hormuz tensions escalate.

Bitcoin traded near $63,949, roughly flat over the past 24 hours and little changed for the week, while Ethereum held around $1,844, also close to flat. XRP traded near $1.08, Solana stood at $75.25, and Hyperliquid’s HYPE token eased to $59.50.

Total crypto market capitalization stood at $2.19 trillion, up 0.32% over the past day. The Fear & Greed Index read 34, still in “fear” territory, while the Altcoin Season Index climbed to 54. 

ARK Invest’s Q2 Bitcoin report showed the asset fell about 14% during the quarter, but long-term holders continued accumulating, pushing their combined position to a record 14.85 million BTC. Bitco…

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In This News

Coins

$ 63.10K

-3.08%

$ 1.87K

-3.52%

$ 1.06

-4.39%

$ 0.0968

-6.61%

$ 73.26

-4.05%

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In This News

Coins

$ 63.10K

-3.08%

$ 1.87K

-3.52%

$ 1.06

-4.39%

$ 0.0968

-6.61%

$ 73.26

-4.05%

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