24 Hour Crypto Recap: Here’s What Happened in the Market
- Bitcoin surges 7.7% to an 11-week high near $69,700 on Treasury liquidity news.
- Treasury doubles long-term bond buybacks, fueling a $2.98 billion liquidation.
- Trump hosts crypto executives, pushes CLARITY Act ahead of Senate recess.
Bitcoin traded near $68,945, up a sharp 7.7% over the past 24 hours and up 9.3% for the week, briefly touching $69,749 intraday, its highest level since June 2. Ethereum surged even harder, up 17.8% on the day and 20.0% for the week to trade above $2,235. XRP jumped 10.1% to $1.09, and Solana climbed 10.5% to $84.24.
Total crypto market capitalization stood at $2.47 trillion, up 8.1% over the past day, with 24-hour trading volume reaching $117.55 billion.
Trending Searches Track the Rally
Hyperliquid led trending searches with a 19.4% surge, followed closely by Bitcoin itself, up 7.7%, while pipedog jumped 15.8%. Among top gainer…
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