Bitcoin traded near $64,000 and Ethereum underperformed as risk appetite weakened. The global crypto market capitalization edged down 2% to $2.19 trillion. Bitcoin's realized volatility is near multi-year lows, suggesting a coiled market. Ethereum remained comparatively weaker below key support levels. Market sentiment improved early on regulatory news but then pulled back.

Bitcoin traded near $65,700 on Thursday as inflation concerns capped gains. Strong ETF demand persisted, adding $203 million on Tuesday. Major altcoins like BNB and XRP saw gains…

Bitcoin dropped to $64,000 as a broader risk-off sentiment hit crypto markets following weak technology earnings that pressured equities.