India, June 29 -- Cryptocurrencies have declined in the past 24 hours even as global markets react to the developments in the Middle East and signs of a tech rally are reinforced. Bitcoin traded between $60,682 and $58,856 in the past 24 hours. Overall crypto market capitalization has decreased around a percent during the same period.
The price movements in the crypto market came also amidst the dollar's retreat, an uptick in Wall Street indexes, an uptick in crude oil prices as well as a mixed yield pattern in the sovereign bond markets.
Markets also digested the new Digital Credit Capital Framework announced by Bitcoin champion Strategy Inc that is designed to strengthen the company's preferred securities, enhance liquidity, preserve lo...