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

• Bitcoin jumps to $64,733 as total crypto market cap climbs to $2.22 trillion.
• US June CPI comes in at 3.5%, below the 3.8% forecast, boosting risk assets.
• Mizuho slashes Circle price target 41% as Open USD competition pressure grows.

Bitcoin traded near $64,733, up 3.56% over the past 24 hours and up 3.09% for the week, while Ethereum outperformed with a 5.23% daily gain to trade around $1,875, up nearly 7% weekly. XRP rose to $1.10, Solana climbed to $77.68, and ZEC surged 10.85% to trade above $557.

Total crypto market capitalization stood at $2.22 trillion, up 3.17% over the past day. Sentiment improved, with the Fear & Greed Index climbing to 35, still in “fear” territory, while the Altcoin Season Index held at 50. 

US June CPI data came in at 3.5% annually, below the 3.8% market expectation, with the seasonally adjusted monthly rate falling 0.4%, the larges…

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