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

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Bitcoin traded near $65,351 (down 0.41% over 24h, up 3.18% for the week) as total crypto market cap rose to $2.22 trillion and the Fear & Greed Index held at 37, with Ethereum around $1,878. Market stress intensified after CEX BitMEX announced a shutdown and its BMEX token crashed 99.69%, while DeFi token DeXe tumbled 54.1% in trending searches. Institutional players BlackRock, Coinbase and Strategy funded a $15 million Bitcoin quantum security consortium, highlighting fundraising and security-focused adoption amid volatile token performance.
- Bitcoin trades near $65,351 as total crypto market cap rises to $2.22 trillion.
- BitMEX’s BMEX token crashes 99.69% after the exchange announces a shutdown.
- BlackRock, Coinbase, Strategy fund a $15M Bitcoin quantum security consortium.
Bitcoin traded near $65,351, down 0.41% over the past 24 hours but still up 3.18% for the week, while Ethereum slipped 2.34% to trade around $1,878. XRP dipped 2.45% to $1.10, Solana also fell 2.52% to $75.72, Dogecoin fell 4.64% to $0.06918 and HYPE easing to $58.41.
Total crypto market capitalization stood at $2.22 trillion, up 0.81% over the past day. The Fear & Greed Index read 37, still in “fear” territory, while the Altcoin Season Index held at 50.
Trending Searches
DeXe led trending searches despite collapsing 54.1% over 24 hours, followed by ADI, up 3.2%, and Ethereum itself, down 2.3% on the day. The wide dispersion be…
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