The crypto market is showing modest gains on August 17, with Bitcoin holding above $63,500 while Ethereum reclaims the $1,900 level. Despite broader market sentiment remaining firmly in fear territory, Pump.fun’s PUMP and Hyperliquid’s HYPE are outperforming the wider market.

The total crypto market capitalization has risen nearly 1% to $2.18 trillion, while trading activity has picked up sharply following the weekend slowdown.

Crypto market outlook as sentiment remains weak

The crypto market is moving within a relatively narrow range today, with the total market capitalization up 0.93% to $2.18 trillion.

Bitcoin is trading around $63,537, up 0.96%, while Ethereum has gained 1.27% to $1,902. XRP remains close to the $1 level, rising…