Crypto Market Today: Bitcoin Holds $64K as TeraWulf, ENS, and Trump Bitcoin Reserve Make Headlines

Bitcoin and Ethereum Price Overview

The global cryptocurrency market added 1.3% over the past 24 hours, pushing total market capitalization to $2.28 trillion. Bitcoin (BTC) traded at $63,822, up 0.17%, with daily volume reaching $35.98 billion. Bitcoin dominance remains strong at 56.2%, reflecting continued investor preference for the leading digital asset amid broader market uncertainty.

Ethereum (ETH) held near $1,791, down marginally by 0.05%, with $17.03 billion in daily trading volume. ETH dominance stands at 9.49%. The Crypto Fear & Greed Index improved to 27, still in the “Fear” zone but recovering from recent lows — a sign that bargain buying is emerging despite lingering caution. For traders looking to access these markets, choosing a reliable forex and crypto broker is essential.

Top Gainers and Losers

DeXe (DEXE) led the gainers, surging 13.06% to $27.56 with $65.71 million in trading activity. Pyth Network (PYTH) followed with an 11.02% gain to $0.04485, while LayerZero (ZRO) rose 8.05% to $1.01.

On the losing side, MemeCore (M) dropped 11.68% to $1.25, Bonk (BONK) fell 9.09% following a governance attack, and Audiera (BEAT) slipped 4.66% to $2.63.

Major Headlines Shaping the Market

TeraWulf’s $19 Billion AI Deal with Anthropic

Bitcoin mining company TeraWulf signed a landmark 20-year AI data center agreement with Anthropic, expected to generate $19 billion in revenue. This represents one of the largest crypto-AI crossover deals to date and signals a major expansion beyond traditional mining operations.

Trump Administration Reviews Strategic Bitcoin Reserve

The Trump administration is actively evaluating its legal authority to establish a U.S. strategic Bitcoin reserve. Multiple government departments are assessing management options, signaling growing institutional acceptance of Bitcoin as a sovereign asset class.

ENS Governance Overhaul Proposed

ENS co-founder Alex Van de Sande proposed delegating 5 million ENS tokens to community members, aiming to reduce voting power concentration and strengthen decentralized governance within the Ethereum Name Service DAO.

Security Incidents: Summer.fi and BonkDAO

DeFi protocol Summer.fi paused all vaults after an active attack resulted in approximately $6 million being stolen. Separately, BonkDAO revealed a malicious governance proposal that drained nearly $20 million in BONK tokens. Authorities and exchanges are cooperating on recovery efforts, highlighting ongoing DeFi security challenges.

Market Outlook

With Bitcoin holding above $64,000 and institutional interest accelerating through deals like TeraWulf-Anthropic and the Trump Bitcoin reserve review, the crypto market shows resilience. The Fear & Greed Index at 27 suggests room for further recovery if positive catalysts continue. However, DeFi security incidents serve as reminders that risk management remains critical. Traders should monitor the Trump administration’s Bitcoin reserve decision and broader macroeconomic conditions for directional cues. For secure trading, consider regulated brokers with strong security measures.