The cryptocurrency markets saw a rise as the temporary peace agreement between the U.S. and Iran eased global risk aversion, triggered a short squeeze, and improved overall market sentiment. However, decisions regarding monetary policy, along with other factors, from the Bank of Japan, Federal Reserve, and Bank of England have limited substantial advancements. Bitcoin experienced a variation between $66,298 and $63,634 in the past 24 hours. Overall, the crypto market capitalisation saw a modest rise of almost 3 percent during that timeframe. The improvement in market sentiment is clear in CoinMarketCap’s Fear and Greed Index, which acts as a gauge of the current mood in the cryptocurrency market. The index has shown an improvement to 24 from 23 the previous day and 15 a week prior. Data shows that a considerable amount of short positions were closed out in the past 24 hours. In the last day, the total amount of forced closures of leveraged positions in the crypto market has hit $460 million. This occurs when an exchange or lending protocol closes a trader’s position due to a lack of sufficient funds to cover potential losses. While long positions amounted to $97 million, short positions totalled $363 million.
The total value of the cryptocurrency market has risen by 2.8 percent in the past 24 hours, now standing at $2.26 trillion. Among the top 100 cryptocurrencies, around 80 are seeing overnight gains of more than one percent, while only one cryptocurrency is dealing with overnight losses of over one percent. Bitcoin, the largest cryptocurrency, is currently valued at $66,182.84, reflecting a 2.6 percent increase. The current price is roughly 48 percent below the all-time high of $126,198.07, reached on October 7, 2025. The original cryptocurrency has seen a 5.4 percent rise over the past week; however, it still grapples with year-to-date losses approaching 25 percent. Bitcoin Spot ETF products in the U.S. saw an increase of $86 million in net inflows on Friday, in contrast to a decrease of $23 million in net outflows on Thursday. ARK 21Shares Bitcoin ETF experienced net outflows totalling $27 million. Market leader iShares Bitcoin Trust achieved net inflows of $58 million. Bitcoin holds its rank as the 15th asset worldwide based on market capitalisation, as reported.
Ethereum experienced a 5.4 percent increase overnight, currently valued at $1,763.49. The leading alternate coin is currently positioned 64 percent beneath its all-time high of 4,953.73, which was achieved on August 25, 2025. The 24-hour trading varied between $1,766.11 and $1,654.21. Ethereum Spot ETF products in the U.S. saw a decline in net outflows, dropping to $5 million on Friday from $16 million on Thursday. 4th ranked BNB saw a rise of 1.3 percent overnight, bringing its price to $619.90. BNB is currently situated 55 percent below its peak of $1,370.55, achieved on October 13, 2025. 5th ranked XRP, a payments-focused cryptocurrency, gained 7.5 percent overnight and is currently trading at $1.22, around 68 percent below its all-time high of $3.84 reached on January 4, 2018. The price of the 7th ranked cryptocurrency experienced a 6.5 percent increase overnight, reaching $72.53. SOL’s current price is about 75 percent lower than its peak of $294.33, achieved on January 19, 2025. On Friday, there were no inflows for SOL Spot ETF products in the U.S.
TRON ranked 8th overall, experienced an increase of 0.75 percent overnight and is currently trading at $0.3205. The trading price currently stands at 27 percent lower than the cryptocurrency’s all-time high of $0.4407, which was achieved on December 4, 2024. 9th ranked Hyperliquid surged 10.6 percent overnight, now trading at $67.66, approximately 10 percent below the all-time high of $64.59 recorded on May 26, 2026. HYPE Spot ETF products in the U.S. saw no inflows on Friday. Memecoin Dogecoin, now in 10th place overall, saw a 3 percent increase overnight and is currently priced at $0.0896. DOGE is currently situated 88 percent below its highest price of $0.7376, reached on May 8, 2021. 12th ranked Zcash experienced significant overnight gains, leading the top 100 cryptocurrencies with an impressive increase of over 26 percent. Audiera, ranked 52nd, stands out as the sole cryptocurrency in the top 100 that has experienced overnight losses exceeding one percent. BEAT has seen a drop of 24.3 percent in the past 24 hours.