Heightened hopes for a peace agreement between the U.S. and Iran lifted sentiment in the crypto market. The agreement is expected to extend the truce and ease the restrictions in the Strait of Hormuz. The decline in crude oil prices, along with the softness of the U.S. dollar, has enhanced sentiment towards digital assets. However, anxiety and excitement ahead of Space X’s debut lingers across markets, including the crypto market. Bitcoin experienced a variation between $63,868 and $62,280 in the past 24 hours. Overall, the total value of cryptocurrencies has experienced a rise of about one percent during the same period. Nevertheless, the sentiment within the crypto market continues to be categorised as “Extreme fear.” CoinMarketCap’s Fear and Greed Index, which measures the current sentiment in the cryptocurrency market, has risen to 18 from 16 just one day earlier. The index was at 16 a week ago and at 49 (“neutral”) a month before. The total value of the crypto market has risen by 1 percent in the past 24 hours, now standing at $2.17 trillion. Among the top 100 cryptocurrencies, around 56 are seeing overnight gains of more than one percent, while nearly 10 are encountering overnight losses of over one percent.
Bitcoin, the largest cryptocurrency, is currently trading 1.1 percent higher at $63,375.91. The current price is roughly 50 percent lower than the all-time high of $126,198.07, achieved on October 7, 2025. The original cryptocurrency has seen a 4.5 percent rise over the last week; however, it still grapples with a year-to-date drop of nearly 28 percent. Bitcoin Spot ETF products in the U.S. saw a reduction in net outflows, falling to $19 million on Thursday from $214 million on Wednesday. ARK 21Shares Bitcoin ETF experienced net outflows totalling $27 million. iShares Bitcoin Trust saw net inflows of $30 million compared to net outflows of $149 million the previous day. According to the global ranking of all assets by market capitalisation, Bitcoin, with a market capitalisation of $1.27 trillion, is currently positioned at 15th, down from 14th just a day prior. The change in rankings is a result of SpaceX achieving the 10th position. Ahead of its trading debut, SpaceX has been valued at a market capitalisation of $1.77 trillion at its IPO price of $135.
Ethereum experienced a 1.5 percent increase overnight, currently valued at $1,663.49. The leading alternate coin is currently positioned 66 percent beneath its all-time high of 4,953.73, which was achieved on August 25, 2025. The 24-hour trading varied between $1,690.45 and $1,631.88. Ethereum Spot ETF products in the U.S. saw net outflows of $16 million on Thursday, down from $36 million on Wednesday. The Fidelity Ethereum Fund saw a decrease in assets totalling $21 million. 4th ranked BNB saw a rise of 1.3 percent overnight, bringing its price to $606.37. BNB is currently situated 56 percent below its peak of $1,370.55, which was attained on October 13, 2025. 6th ranked XRP, a payments-focused cryptocurrency, gained 1.96 percent overnight and is currently trading at $1.13, around 71 percent below the all-time high of $3.84 reached on January 4, 2018. The price of the 7th ranked cryptocurrency increased 2.8 percent overnight to $66.88. SOL’s current price is roughly 77 percent below its peak of $294.33, achieved on January 19, 2025. On Thursday, SOL Spot ETF products in the U.S. saw outflows totalling $4 million, largely due to the Bitwise Solana Staking ETF.
TRON is currently positioned 8th overall, but it saw a decrease of 2.5 percent overnight and is now trading at $0.3128. The trading price is currently 29 percent lower than the cryptocurrency’s all-time high of $0.4407, which was reached on December 4, 2024. 9th ranked Hyperliquid saw an overnight increase of 5.2 percent, trading at $59.56, which is about 21 percent lower than its all-time high of $64.59 reached on May 26, 2026. Memecoin Dogecoin, now positioned 10th overall, experienced a 4.2 percent increase overnight and is currently valued at $0.0882. DOGE is currently situated 88 percent below its highest price of $0.7376, attained on May 8, 2021. Stargate Finance, ranked 89th, led the overnight gains among the top 100 cryptocurrencies with a remarkable increase of over 34 percent. The price movement takes place in conjunction with a fundamental utility upgrade that allows for the direct conversion of STG tokens into ZRO tokens. STG has seen a significant rise of 166 percent in the last week and an astonishing nearly 500 percent since the beginning of the year. 82nd ranked OFFICIAL TRUMP experienced overnight gains exceeding 20 percent. 95th ranked Siren rebounded from overnight losses among the top 100 cryptocurrencies, despite experiencing a decline of over 15 percent. 34th ranked Audiera faced overnight losses surpassing 8 percent.