Why is Crypto Up or Down?

Crypto is down (-1.3%) β€” Top: NEAR +4.3%

Crypto markets traded lower on average (-1.27%) as macro and geopolitical risk took center stage, with Bitcoin holding near $62,600 while traders positioned ahead of looming CPI data and renewed Iran-related headlines. Risk-off flows were reinforced by reports of the US government moving $297 million in seized crypto to Coinbase, a reminder of potential near-term supply overhang even as sentiment indicators showed XRP and ETH traders turning more bullish. Within that cautious tape, pockets of relative strength like NEAR’s gains contrasted with sharper pullbacks in higher-beta names such as SHIB and ADA, consistent with investors trimming risk rather than rotating aggressively into altcoins.

29 moves Β· 20 sources Β· Last 24h Β· 8 up / 21 down

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