📊 Market Snapshot

• Global Crypto Market Cap: $2.96 trillion, up 2.00% over the last day. 

Bitcoin (BTC): Currently trading at $94,632, with a 1.43% increase. 

• Ethereum (ETH): Trading at $1,794.95, up 1.64%.

BNB: At $601.74, experiencing a slight decrease of 0.45%.

🔥 Key Highlights

Bitcoin’s Resilience: BTC has shown surprising strength, outperforming both U.S. stocks and the dollar amid market volatility caused by U.S. trade policy uncertainties. 

• Institutional Interest: Bitcoin ETF inflows totaled $442 million recently, indicating robust institutional demand. 

• Regulatory Developments: The new U.S. SEC chair emphasizes the need for clearer regulations for the cryptocurrency sector, aiming to foster innovation. 

📈 Technical Indicators

Bitcoin (BTC):

• RSI: 58, indicating neutral-to-bullish momentum.

• MACD: Bullish crossover observed, suggesting potential upward movement.

• Key Resistance: $95,000. 

• Ethereum (ETH):

• RSI: 45, approaching oversold territory, which could attract buyers.

• Key Support: $1,750. 

🧠 Analyst Insights

Analysts like Bold (@boldleonidas) highlight that Bitcoin is nearing historically significant support levels, suggesting potential buying opportunities. 

Additionally, ARK Invest reaffirms its bullish forecast for Bitcoin, projecting a target range of $300,000 to $1.5 million by 2030. 

#BTCvsMarkets