Bitcoin dipped below $67,000 following geopolitical reports, while the broader cryptocurrency market remained relatively calm. Most major altcoins saw minor declines, with BNB retaking the fourth-largest market cap spot from XRP. The notable outlier was HASH, which surged over 20%, defying the general market sluggishness.
Bitcoin fell below $67,000, shedding roughly $1,000 from its recent peak. The decline followed a Wall Street Journal report claiming the U.S.-EU alliance has reached a “breaking point” over the war against Iran.
Most larger-cap alternative cryptocurrencies traded slightly lower. Assets including Ethereum, BNB, XRP, Dogecoin, and Cardano saw losses of up to 1.5%. The market cap battle for fourth place between BNB and XRP continued, with BNB emerging on top.
The overall crypto market cap fell by an estimated $10 to $15 billion. It now stands at approximately $2.375 trillion, as CoinGecko data shows.
A few assets bucked the downward trend. Zcash and Monero posted modest gains during the period. The standout performer was HASH, which jumped 20% to over $0.11.
Bitcoin’s market capitalization is now $1.335 trillion. Its dominance over alternative cryptocurrencies remains just above 56%.
