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Stellar, Pyth Network extend rebound amid broader market stress

Stellar, Pyth Network extend rebound amid broader market stress

The broader cryptocurrency market remains heavy, with Bitcoin (BTC) trading below $59,000 at press time on Wednesday, as US President Donald Trump weighs an all-out war with Iran but opts for diplomatic talks. Meanwhile, Stellar (XLM) and Pyth Network (PYTH) emerge as bullish outliers over the last 24 hours. 

Crypto investors stick to the sidelines

The broader crypto market sustains a risk-off sentiment as Bitcoin remains below $60,000 amid emerging hints of a renewed US-Iran war. CoinMarketCap’s Fear and Greed Index hovers near 17, maintaining its Extreme Fear signal. 

Fear and Greed Index. Source: CoinMarketCap

US President Donald Trump held multiple meetings with Defense Secretary Pete Hegseth and Chairman of the Joint Chiefs of…

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