Bitcoin steadies near $64,500 as market volume surges and fear index rises
Bitcoin traded around $64,500 on Monday, edging slightly lower by 0.35% in the past 24 hours. The cryptocurrency’s 24‑hour trading volume exceeded $5.6 billion, while other major tokens such as Ethereum, SOL and XRP also posted modest gains. The Fear & Greed Index ticked up to 29, indicating continued market caution.
Crypto‑derivative markets saw roughly 67,700 traders liquidated, costing about $1.19 billion, with short positions absorbing the majority of losses. Meanwhile, alternative tokens displayed mixed performance: NFPrompt Token jumped 66.2% in a day, and other smaller coins recorded significant weekly moves.
The broader market backdrop included a sharp decline in semiconductor stocks, pushing the Philadelphia Semiconductor Index into a technical bear market, which contributed to the overall risk‑off sentiment.