India, July 10 -- Anticipation ahead of the U.S. listing of South Korean memory chip leader SK Hynix as well as a pause in the reignited U.S.-Iran conflict boosted crypto market sentiment. Overall crypto market capitalization increased more than 2 percent during the past 24 hours while Bitcoin touched a high of $64,556 during the period.
The surge in cryptocurrency markets come amidst positive sentiment in the Wall Street indexes. While sovereign bond yields have mostly declined, crude oil prices are trading directionless around the flatline. The Dollar Index is firm around the flatline while gold prices have retreated.
Crypto market sentiment, as measured by the CMC Crypto Fear and Greed Index which was at 28 (fear) a day ago increased t...