Bitcoin Pushes Above 65K as Market Capitalization Hits 2.22T

The total crypto market capitalization grew to 2.22 trillion dollars over the last 24 hours. This modest gain of 0.60 percent follows a period of heavy selling pressure. Most of the momentum is coming from Bitcoin, which managed to climb back above the 65,000 dollar mark.

Institutional interest remains a major factor in this recovery. Consistent inflows into spot Bitcoin exchange traded funds are keeping demand steady. Alongside Bitcoin, Ethereum also saw a positive shift as it moved back above 1,900 dollars.

Despite the price action, traders are not getting too excited yet. The Fear and Greed Index sits at 41, which indicates that investors still feel cautious about the overall trend. For now, the market is finding its footing, but everyone is watching to see if these gains can hold through the end of the week.