The market edged up this morning, with 73% of coins in the green, but looking at BTC hovering around $82,629 (+0.97%) after its sharp drop below $81,000 last week amid yield pressure and geopolitical tensions, a lot of traders are still 😐. ETH was also slightly up, +0.37% to $2,489, but notably, Ethereum ETFs recorded outflows of 23.5K ETH (~$138 million) last week.
Total volume across the top 100 was just $3.4 billion, suggesting investors are being fairly cautious. Still, there are opportunities in altcoins. $MAGIC surged +86.52% in 24 hours, fueled by AI hype and its community. On the other side, Sentient (SENT) saw a modest sell-off of -13.97%, despite also being an AI project. This shows that big players are allocating very selectively 🧮.
Today, the market will be watching for the Fed meeting minutes. Keep an eye on capital rotating between sectors, and see whether altcoin momentum can hold while BTC continues to drift sideways.
Anyone seeing other opportunities outside the AI sector that I might have missed 🤓?
#Write2Earn #CryptoTrading #MarketUpdate
(This post is for informational purposes only and is not investment advice)
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Total volume across the top 100 was just $3.4 billion, suggesting investors are being fairly cautious. Still, there are opportunities in altcoins. $MAGIC surged +86.52% in 24 hours, fueled by AI hype and its community. On the other side, Sentient (SENT) saw a modest sell-off of -13.97%, despite also being an AI project. This shows that big players are allocating very selectively 🧮.
Today, the market will be watching for the Fed meeting minutes. Keep an eye on capital rotating between sectors, and see whether altcoin momentum can hold while BTC continues to drift sideways.
Anyone seeing other opportunities outside the AI sector that I might have missed 🤓?
#Write2Earn #CryptoTrading #MarketUpdate
(This post is for informational purposes only and is not investment advice)
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