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

• Bitcoin trades near $62,806 as total crypto market cap climbs to $2.16 trillion.
• Bitcoin ETFs post $197.4 million inflow after eight straight weeks of outflows.
• Fidelity says Bitcoin nears Power Law support near $58,000, no bottom confirmed.

Bitcoin traded near $62,806, down 2.11% over the past 24 hours and roughly flat for the week, while Ethereum held around $1,780, down 1.66% daily but essentially unchanged over seven days. XRP traded near $1.07, Solana slipped to $75.57, and Hyperliquid’s HYPE token held above $66.

Total crypto market capitalization stood at $2.16 trillion, up 1.72% over the past day. The Fear & Greed Index read 29, still in “fear” territory, while the Altcoin Season Index climbed to 54. The average crypto RSI eased to 41.6, leaning toward oversold.

ETF Flows Improve but Trend Reversal Unconfirmed

CryptoQuant analyst Axel Adler said Bitco…

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