Bitcoin traded near the $64,000 mark and Ethereum underperformed as weak risk appetite kept crypto markets under pressure. The cryptocurrency and Ethereum were trading at $63,965 and $1,856 respectively.

In the past 24 hours, both Bitcoin and Ethereum were down 2% respectively. Among the major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin, and Cardano corrected up to 3%.

Also Read | Explained: Thinking about building a Rs 1 crore corpus? Here’s how much you should invest through SIPs The global crypto market capitalisation edged down 2% to $2.19 trillion, according to CoinMarketCap.

Riya Sehgal, Research Analyst, Delta Exchange said Bitcoin’s one-year realized volatility is near 42%, while the broader Bitcoin implied-volatility…