Bitcoin holds steady near $64,000 as monero, hyperliquid outperform
SummaryBitcoin has added 0.30% since midnight UTC, though the crypto market cap has shed 0.54% over the past 24 hours to $2.18 trillion.CoinMarketCaps Fear and Greed index sits at “fear” level of 38 out of a possible 100.HYPE and XMR are among the altcoins outperforming bitcoin, adding 2.7% and 3.2% respectively since midnight. Bitcoin held near $63,600 after Wednesdays in-line U.S. inflation print proved enough to calm nerves, but not enough to move markets decisively in either direction. The largest cryptocurrency has added 0.30% since midnight UTC, while the broader crypto market capitalization dropped 0.54% over 24 hours to $2.18 trillion. July CPI came in at 3.4% year over year, matching forecasts. Core inflation also eased, with the annual reading slipping to 2.5% from 2.6%. The producer price inflation figure due at 12:30 UTC may provide more impetus to a lackluster market. As for U.S. equities, Ss a silver lining, though: The annualized perpetual funding rate is near 8%, pointing to a bias toward bullish bets.ADA and BCH show heavy bearish tilt:Both coins are seeing funding rates of -10% or lower, pointing to a clear investor preference for bearish positions. They both also show negative 24-hour CVD, indicating aggressive selling. This is particularly notable