Market Overview
Total crypto market cap sits at $3.12T. Up 0.4% since yesterday. Boring? Maybe on the surface. But look closer. While the majors are painting small green candles, the privacy sector is absolutely ripping. It's a weird dynamic — Bitcoin dominance is flat at 58.1%, meaning altcoins aren't gaining ground against the King, they're just shuffling liquidity around.
We saw a Satoshi-era miner move 2,000 BTC today. Usually, that scares the hell out of the market. Today? Nobody blinked. Why? Because the buy-side pressure from institutional news is acting like a concrete floor.
Bitcoin & Majors **Bitcoin ($BTC)** is up a sleepy **0.45%**.
Don't let the price fool you. The news cycle is on steroids. Wells Fargo is reportedly accepting BTC as loan collateral. Read that again. A top-tier US bank holding crypto bags for loans. Add the rumors of the Trump administration looking to axe crypto taxes, and you have the perfect recipe for a supply shock. Yet, price isn't moving much. My take? Whales are suppressing volatility to accumulate before the regulatory floodgates open in 2026.
Ethereum ($ETH) clocked a +1.09% gain.
Tom Lee's Bitmine just staked another $266M worth of ETH. That's not retail money; that's conviction. The staking queue is the highest it's been since August 2023. Sentiment is supposedly "at lows" according to some metrics, but on-chain data shows smart money is locking up supply aggressively.
Solana ($SOL) jumped 2.45%.
The rumor mill is working overtime here. Integration with X (Twitter) is the talk of the town. If Musk actually integrates SOL for payments or tipping, that $1.9B market cap increase today is just a warm-up.
Outliers: The Privacy Pivot **Monero ($XMR)** is the day's MVP. Up **17.3%** to trade above **$550**.
This is a massive breakout. While regulators are tightening the screws on Tether (with those Iran/USDT headlines circulating), capital is fleeing to the dark. XMR hitting an all-time high after 8 years isn't a fluke; it's a statement. People are remembering why crypto was built in the first place.
On the flip side, Dogecoin ($DOGE) slid -1.51%. The meme rotation seems to be pausing while traders chase privacy and utility plays.
Sentiment Score: **6/10**.
It's a bizarre market. We have bullish macro news (Wells Fargo, Trump tax cuts) clashing with bearish flow data (ETF outflows). Retail is confused, institutions are buying quietly, and privacy advocates are taking a victory lap.
My read: The lack of a pump on the Wells Fargo news is telling. The market is heavy. We might need a flush of leverage before the real leg up begins. Watch that $90k level on BTC closely — if we lose it, the "super cycle" talk will vanish real quick.
