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

• Bitcoin holds near $62,575 as total crypto market cap eases to $2.15 trillion.
• US-Iran tensions escalate as Trump proposes a 20% Hormuz Strait security fee.
• Major US banks launch a tokenized deposit network to counter stablecoin growth.

Bitcoin traded near $62,575, down slightly on the day and roughly flat for the week, while Ethereum held around $1,785, essentially unchanged over 24 hours. XRP traded near $1.06, Solana slipped to $75.08, and Hyperliquid’s HYPE token eased to $63.21.

Total crypto market capitalization stood at $2.15 trillion, down 0.55% over the past day. The Fear & Greed Index read 29, still in “fear” territory, while the Altcoin Season Index climbed to 55. 

As tracked by Coingecko, coins attracting the most attention over the past three hours include Concordium (CCD), LAB (LAB), Pi Network, HYPE, and Cash Cat (CASHCAT). Despite the strong sear…

Read The Full Article 24 Hour Crypto Recap: Here’s What Happened in the Market On Coin Edition.