XMR

Bitcoin traded close to $64,000 as crypto markets stayed locked in a low volatility range after the latest U.S. inflation reading. Monero and Hyperliquid outperformed while derivatives data showed muted volatility, elevated XRP positioning and selective bearish pressure across several altcoins.

Crypto selling intensified as derivatives data pointed to growing bearish conviction across the top coins. Yet oversold momentum and resilient privacy tokens suggest a rebound may not be far away.