24 Hour Crypto Recap: Here’s What Happened in the Market
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Bitcoin surged 7.7% to trade near $68,945 and briefly hit $69,749 while Ethereum jumped 17.8% to above $2,235; XRP and Solana rose about 10% as total crypto market capitalization climbed 8.1% to $2.47 trillion with 24‑hour volume of $117.55 billion. The rally was fueled by the US Treasury doubling long‑term bond buybacks—triggering roughly $2.98 billion of liquidation—and a political push as President Trump met crypto executives and promoted the CLARITY Act, developments that boost liquidity, regulatory clarity and token adoption.
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- Bitcoin surges 7.7% to an 11-week high near $69,700 on Treasury liquidity news.
- Treasury doubles long-term bond buybacks, fueling a $2.98 billion liquidation.
- Trump hosts crypto executives, pushes CLARITY Act ahead of Senate recess.
Bitcoin traded near $68,945, up a sharp 7.7% over the past 24 hours and up 9.3% for the week, briefly touching $69,749 intraday, its highest level since June 2. Ethereum surged even harder, up 17.8% on the day and 20.0% for the week to trade above $2,235. XRP jumped 10.1% to $1.09, and Solana climbed 10.5% to $84.24.
Total crypto market capitalization stood at $2.47 trillion, up 8.1% over the past day, with 24-hour trading volume reaching $117.55 billion.
Trending Searches Track the Rally
Hyperliquid led trending searches with a 19.4% surge, followed closely by Bitcoin itself, up 7.7%, while pipedog jumped 15.8%. Among top gainer…
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In This News
Coins
$ 77.37K
-1.69%
$ 2.42K
-2.07%
$ 1.35
-2.20%
$ 100.08
-3.01%
$ 82.94
-1.69%
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In This News
Coins
$ 77.37K
-1.69%$ 2.42K
-2.07%$ 1.35
-2.20%$ 100.08
-3.01%$ 82.94
-1.69%Predictions Markets
See what traders are focused on
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