Crypto Market Recovery: Bitcoin Nears $69K, Ethereum Up 5.8%, but Fear Index Stays at 9

Crypto Market Recovery: Bitcoin Nears $69K, Ethereum Up 5.8%, but Fear Index Stays at 9

N
News Editor 01
2026-07-22 11:08:13
Crypto total market cap rebounds to $2.43T; Bitcoin gains 4.27% to $68,983; Ethereum rises 5.76% to $2,054. Fear and Greed Index remains at 9 (extreme fear). Humanity Protocol, Bittensor, and Zcash lead gains.
cryptocurrencybitcoinethereummarket recoveryfear and greed index

The cryptocurrency market staged a clear rebound on Feb 14. Global total market cap climbed 3.7% in 24 hours to $2.43 trillion, with trading volume reaching $104.79 billion. Bitcoin maintains a 56.2% dominance, while Ethereum accounts for 10.2%.

Bitcoin and Ethereum Lead the Rally

Bitcoin (BTC) hit $68,983, up 4.27% in the last day, with $39.88 billion in trading volume. Ethereum (ETH) showed stronger momentum, rising 5.76% to $2,054 on $20 billion volume. Solana (SOL) gained 8.09% to $84.88, and XRP climbed 4.26% to $1.41.

Top Gainers: Humanity Protocol Soars 35%

By 24-hour percentage gain, Humanity Protocol (H) jumped 35.29% to $0.2257, followed by Bittensor (TAO) up 18.18% at $183.03, and Zcash (ZEC) up 17.77% at $275.29. Each recorded over $145 million in trading volume.

Losers: MYX Finance Drops 10%

MYX Finance (MYX) fell 10.26% to $2.87, LayerZero (ZRO) declined 5.11% to $1.83, and MemeCore (M) slipped 2.03% to $1.45. Stablecoins showed no major change, with total capitalization of $309.3 billion and trading volume of $82 billion.

Fear Index at 9: Extreme Fear Persists

The Fear and Greed Index from Alternative Me remains at 9, indicating extreme fear. Investors are cautious, waiting for clearer signals.

Other Key Developments

Coinbase CEO Brian Armstrong said banning staking rewards could boost Coinbase profits but supporting USDC holders keeps the U.S. competitive in regulated stablecoin markets. Russian Deputy Finance Minister Ivan Chebeskov reported daily trading volume of 50 billion rubles and millions of participants. Brazil introduced a bill to buy 1 million BTC with tax incentives, but key authorities oppose it. Figure Technology Solutions is selling 4.23 million blockchain shares with support from Goldman Sachs and Morgan Stanley. Trafficking-linked funds surged 85% in 2025, with stablecoins widely used in Southeast Asia.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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