Good afternoon
The crypto market is in a consolidation phase with sideways movement due to the restrictive signals from the U.S. Federal Reserve and macroeconomic uncertainty.
Key News Today
Bitcoin and Ethereum stuck: After a volatile week marked by capital outflows from ETFs, Bitcoin is trading around $62,000 while Ethereum remains flat, reflecting a cautious sentiment among traders.
Is this the end of the traditional "Altseason"?: Analysts from CryptoQuant point out that the classic strategy of rotating capital from Bitcoin to altcoins has lost momentum; the current market demands projects with real applications and proven utility instead of pure speculation.
Regulation in focus: Markets are continuing to digest the progress of the crypto market structure bill in the U.S. (Clarity Act) and Congressional initiatives to curb the potential issuance of a CBDC by the Fed.
#IranWontBlockHormuzFor60Days
The crypto market is in a consolidation phase with sideways movement due to the restrictive signals from the U.S. Federal Reserve and macroeconomic uncertainty.
Key News Today
Bitcoin and Ethereum stuck: After a volatile week marked by capital outflows from ETFs, Bitcoin is trading around $62,000 while Ethereum remains flat, reflecting a cautious sentiment among traders.
Is this the end of the traditional "Altseason"?: Analysts from CryptoQuant point out that the classic strategy of rotating capital from Bitcoin to altcoins has lost momentum; the current market demands projects with real applications and proven utility instead of pure speculation.
Regulation in focus: Markets are continuing to digest the progress of the crypto market structure bill in the U.S. (Clarity Act) and Congressional initiatives to curb the potential issuance of a CBDC by the Fed.
#IranWontBlockHormuzFor60Days