CoinEx Daily:Crypto Stays Defensive Despite Easing Iran Risks and Steady Institutional Demand

Daily View

Bitcoin is trading around the mid-$70,000s after another failed push higher, with deeply negative funding rates, a $7.5 million leveraged long liquidation, and a Fear & Greed reading of 21 underscoring a defensive, bearish near-term backdrop. At the same time, macro sentiment has modestly improved on reports of U.S.-Iran peace talks, while ETF inflows and continued institutional adoption signals from Charles Schwab and Morgan Stanley suggest underlying demand remains intact even as volumes stay muted and traders watch for a potential short squeeze toward higher levels. Across the broader market, XRP has outperformed BTC and ETH on a weekly basis, but the move lacks strong confirmation, while HYPE faced whale-driven selling pressure and Cosmos sentiment softened after the Osmosis integration proposal failed.