Crypto Sentiment Improves as Markets Turn Optimistic
Increased optimism regarding a potential peace agreement between the U.S. and Iran has positively influenced sentiment within the cryptocurrency market. The agreement is anticipated to prolong the truce and alleviate the restrictions in the Strait of Hormuz. The decrease in crude oil prices, coupled with the weakness of the U.S. dollar, has improved sentiment regarding digital assets. However, anxiety and excitement ahead of Space X’s debut lingers across markets, including the crypto market. Bitcoin saw a fluctuation ranging from $63,868 to $62,280 over the last 24 hours. Overall, the total value of cryptocurrencies has seen an increase of approximately one percent during the same timeframe. Nevertheless, the sentiment within the crypto market remains classified as “Extreme fear.” Fear and Greed Index, which gauges the prevailing sentiment in the cryptocurrency market, has increased to 18 from 16 just one day prior. The index stood at 16 a week ago and was at 49 (“neutral”) a month prior. The total value of the crypto market has increased by 1 percent over the last 24 hours, currently at $2.17 trillion.
Among the top 100 cryptocurrencies, approximately 56 are experiencing overnight gains exceeding one percent, while nearly 10 are facing overnight losses surpassing one percent. Bitcoin, the largest cryptocurrency, is currently trading 1.1 percent higher at $63,375.91. The current price stands approximately 50 percent below the all-time high of $126,198.07, reached on October 7, 2025. The original cryptocurrency has experienced a 4.5 percent increase over the past week; nonetheless, it continues to contend with a year-to-date decline of almost 28 percent. Bitcoin Spot ETF products in the U.S. experienced a decrease in net outflows, dropping to $19 million on Thursday from $214 million on Wednesday. ARK 21Shares Bitcoin ETF saw net outflows amounting to $27 million. iShares Bitcoin Trust experienced net inflows of $30 million, contrasting with net outflows of $149 million from the prior 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 shift in rankings stems from SpaceX securing 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 fluctuated between $1,690.45 and $1,631.88. Ethereum Spot ETF products in the U.S. experienced net outflows of $16 million on Thursday, a decrease from $36 million on Wednesday. The Fidelity Ethereum Fund experienced a reduction in assets amounting to $21 million. 4th ranked BNB experienced an increase of 1.3 percent overnight, elevating its price to $606.37. BNB is presently positioned 56 percent beneath its apex of $1,370.55, reached on October 13, 2025. 6th ranked XRP, a payments-focused cryptocurrency, gained 1.96 percent overnight and is currently trading at $1.13, approximately 71 percent below the all-time high of $3.84 reached on January 4, 2018. The value of the 7th ranked cryptocurrency rose by 2.8 percent overnight, reaching $66.88. SOL’s current price stands approximately 77 percent lower than its peak of $294.33, reached on January 19, 2025. On Thursday, SOL Spot ETF products in the U.S. experienced outflows amounting to $4 million, primarily attributed to the Bitwise Solana Staking ETF.
TRON is presently ranked 8th overall, having experienced a decline of 2.5 percent overnight, and is currently trading at $0.3128. The trading price is presently 29 percent below the cryptocurrency’s all-time high of $0.4407, achieved on December 4, 2024. 9th ranked Hyperliquid experienced an overnight rise of 5.2 percent, currently trading at $59.56, which is approximately 21 percent below its all-time high of $64.59 achieved on May 26, 2026. Memecoin Dogecoin, now ranked 10th overall, saw a 4.2 percent rise overnight and is currently priced at $0.0882. DOGE is presently positioned 88 percent beneath its peak price of $0.7376, reached on May 8, 2021. Stargate Finance, positioned at 89th, spearheaded the overnight advancements within the top 100 cryptocurrencies, achieving an impressive rise exceeding 34 percent. The price movement occurs alongside a fundamental utility upgrade that facilitates the direct conversion of STG tokens into ZRO tokens. STG has experienced a notable increase of 166 percent over the past week and an impressive nearly 500 percent since the start of the year. 82nd ranked OFFICIAL TRUMP experienced overnight gains exceeding 20 percent. 95th ranked Siren has bounced back from overnight losses within the top 100 cryptocurrencies, even though it faced a decline exceeding 15 percent. 34th ranked Audiera experienced overnight losses exceeding 8 percent.
