#viralpost #Viralmyfeed #ViralTopic #viralsignal #TrenddingTopic Bitcoin and Ethereum spot ETFs record $385 million and $38 million, respectively, as institutions extend the accumulation phase.
Sentiment in crypto markets remains in "greed" levels, with 90% of Bitcoin holders in profit.
Bitcoin price uptrend falters under $110,000 as markets await the Fed minutes to shed light on the direction of US monetary policy.
Ethereum eyes a breakout from a rectangle pattern that could lead to a 14% price increase.
The cryptocurrency market is moving broadly sideways, with Bitcoin's (BTC) recovery weakening under $110,000 ahead of the release of the Federal Reserve (Fed) meeting minutes on Wednesday. Despite moving within a rectangle pattern, Ethereum's (ETH) price exhibits immense potential for extended gains above the $3,000 mark, supported by a strong risk-on sentiment from institutional investors.
Market overview: Fed minutes could trigger volatility
The Federal Open Market Committee (FOMC) May meeting minutes are expected to be in the spotlight for global markets, including crypto, later on Wednesday. Investors and analysts would seek insights into the committee's position on monetary policy and attempt to discern potential signals regarding future interest rate decisions.