Market overview

The crypto market capitalisation has increased by 1.3% to $2.35T over the past 24 hours, recovering to last Friday’s levels. This time, cryptocurrencies struggled to keep pace with equities, where technical oversold conditions, quarterly rebalancing, and positive signals regarding the US-Iran conflict coincided. 

Algorand stands out as the day’s leader, gaining over 22% amidst general market stagnation, whilst Zcash and Neo showed more modest but noticeable growth of between 4% and 7%. TRON, Bitcoin Cash, and Toncoin, which lost less than 1.5%, stand out against the predominantly green market with this moderate decline.

In contrast to market dynamics, the Fear and Greed Index had fallen by 3 points to 8, remaining deep…