Why is Crypto Up or Down?

Crypto is up (+2.2%) β€” Top: NEAR +12.9%

Crypto prices pushed higher on average (+1.80%) as risk appetite improved, helped by a steadier macro backdrop after oil slipped on ceasefire headlines, easing near-term inflation fears that can weigh on high-beta assets. Within that constructive tone, smart-contract and infrastructure names outperformed, with NEAR and Avalanche leading gains as investors leaned into scalable compute and data narratives echoed by news that DATA Network is partnering with Sui and Walrus to expand supply-chain infrastructure for AI training data. Meanwhile, the XRP Ledger’s defense of an emergency patch for a critical bug likely helped contain idiosyncratic downside risk, keeping the day’s move more about broad positioning than protocol-specific stress.

24 moves Β· 20 sources Β· Last 24h Β· 18 up / 6 down

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