Anticipation of positive regulatory changes in the United States has boosted sentiment in the cryptocurrency markets, driving Bitcoin to reach a five-week high of $66,910. Overall cryptocurrency market capitalisation saw an increase of nearly 3 percent overnight as markets responded positively to the potential passage of the Clarity Act in the U.S., following reports that President Trump had agreed to a significant ethics provision. Continuous inflows to Bitcoin Spot ETF products listed in the U.S. have further enhanced sentiment. The CLARITY Act, also known as the Digital Asset Market Clarity Act of 2025, clearly defines the federal regulator tasked with overseeing each part of the U.S. digital asset market. The legislation has faced setbacks due to a dispute over an ethics clause that is part of it. The regulatory bill aims to clarify the roles of the SEC and CFTC, protect developers, and establish rules for stablecoins. The overwhelmingly positive mood in the cryptocurrency market, however, coincides with a deteriorating geopolitical situation in the Middle East, characterised by ongoing attacks, disruptions to shipping in the Strait of Hormuz, and a maritime embargo on Saudi Arabia declared by the Houthis. With no clear signs of easing tensions, crude oil prices have risen sharply, bond yields have gone up, and the Dollar Index has strengthened. Nevertheless, futures on Wall Street are showing positive movement, while Gold has risen by more than one percent.
The change in market sentiment was also evident in the CMC Crypto Fear and Greed Index. The gauge that tracks sentiment in the crypto market has risen to 40 (neutral) from 37 (fear) the day before, 34 (fear) a week ago, and 21 (fear) a month earlier. Liquidation statistics indicate a significant shift in the market dynamics. Liquidations have reached a total of $250 million in the past 24 hours. Short positions liquidated reached a total of $194 million, while long positions that were liquidated amounted to just $56 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. More than 65 of the top 100 cryptocurrencies are seeing overnight increases of over one percent, while around 7 are encountering overnight declines of one percent or more. The total cryptocurrency market capitalisation saw a notable increase, which was accompanied by a 24-percent rise in trading volumes.
Bitcoin, the largest cryptocurrency, is currently valued at $66,795.50, reflecting a 3.8 percent increase. The current price is roughly 47 percent below the all-time high of $126,198.07, noted on October 7, 2025. The original cryptocurrency’s year-to-date losses have been cut down to 23.7 percent. Bitcoin Spot ETF products in the U.S. saw an increase in net inflows, rising to $227 million on Monday from $132 million on Friday. iShares Bitcoin Trust ETF saw net inflows totalling $117 million. Bitcoin holds the 14th spot in the global ranking of all assets based on market capitalisation data. The leading cryptocurrency holds a position between Tesla at 13th and Samsung at 15th. Ethereum is currently up 3.7 percent, priced at $1,934.80. The leading alternate coin is currently trading at a level that is 61 percent lower than its all-time high of $4,953.73, which was reached on August 25, 2025. The 24-hour trading fluctuated between 1,949.55 and 1,852.26. Ethereum is still facing year-to-date losses that surpass 34 percent. Ethereum Spot ETF products in the U.S. saw net inflows of $38 million on Monday, up from $37 million on Friday. iShares Ethereum Trust ETF saw net inflows of $34 million. Ethereum has moved up four spots to the 82nd position in the global asset rankings based on market capitalisation, as reported.
The fourth-ranked asset experienced a 1.4 percent increase overnight, bringing its price to $574.66. BNB is currently situated 58 percent below its peak of $1,370.55, achieved on October 13, 2025. 6th ranked XRP, a payments-focused cryptocurrency, jumped more than 5 percent overnight and is currently trading at $1.14, around 70 percent below its all-time high of $3.84 reached on January 4, 2018. The price of the 7th ranked cryptocurrency increased by 2.4 percent overnight, reaching $78.09. SOL’s current price is about 73 percent below its highest point of $294.33, reached on January 19, 2025. TRON is currently positioned at 8th overall, with a slight overnight increase of 1 percent, and is trading at $0.3285. The trading price is currently 25 percent lower than the cryptocurrency’s peak of $0.4407, reached on December 4, 2024. 9th ranked Hyperliquid saw a 2 percent increase overnight, trading at $62.11, which is approximately 19 percent lower than its all-time high of $76.85 reached on June 16. Memecoin Dogecoin, now in 10th place overall, saw a 1.3 percent increase overnight and is currently priced at $0.0732. DOGE is currently situated 90 percent below its highest price of $0.7376, achieved on May 8, 2021.