BTC stabilizes at $64,175 amid easing Middle East tensions and lower oil prices, despite weak trading activity and investor caution.
Bitcoin traded near $64,175, up 0.90%, as optimism over a potential Hormuz deal and declining oil prices countered subdued market volumes. Ethereum rose 0.68% to $1,867, while the total crypto market cap stood at $2.27 trillion.
The Fear & Greed Index remained at 27, signaling persistent fear among investors. BTC dominance held at 56.7%, with altcoins underperforming as small-cap tokens like MarsCoin surged over 126%.
Recent funding rounds included Yellow Card’s $40 million strategic raise and Blockspace’s round led by BlueYard Capital, reflecting selective investor interest amid broader caution.