Market snapshot – 29 June 2026

BTC slipped back toward the $60 k mark, trading at $60,206 with a modest 0.5 % rise over the past day, while ETH nudged higher to $1,584.66 (+1.25 %). SOL led the trio, up 3.4 % to $72.77. The market‑wide Fear & Greed Index lingered at 12, a reading of “Extreme Fear,” underscoring lingering investor wariness even as the total crypto market cap crept above $2 trillion following a brief de‑escalation in U.S.–Iran tensions.

Altcoins delivered the bulk of the day’s action. RAVE surged 72.6 % to $0.4637, ACT rallied 32.7 % to $0.0128, and SLX climbed 27 % to $0.6603, each buoyed by strong 24‑hour volumes. The breadth of gains points to a tentative rotation into riskier assets, echoing earlier reports that Avalanche and similar projects are attracting capital as sentiment improves marginally.

Conversely, the downside was marked by sharp retreats in several tokens. SKYAI tumbled 32.3 % to $0.1321, LAB fell 25.9 % to $13.50, and BTW slipped 22.5 % to $0.0537, reflecting both profit‑taking and the impact of a liquidity pocket that has been capping the recent 10 % rally in the institutional‑favoured EIGEN token. The broader market’s muted response to the latest Bitcoin halving—its weakest post‑halving rally on record—reinforces the “Extreme Fear” backdrop.

Looking ahead, a packed U.S. economic calendar and renewed IMF scrutiny of El Salvador’s sovereign Bitcoin reserve could reignite volatility. Traders will be watching for any breach of key liquidity zones and for macro data that might shift risk appetite, but for now the market remains cautiously perched at the edge of a modest rebound.