#Market_Update 1. Bitcoin (BTC)
Trading around $105K, within $104.3K–$106.1K intraday range.
Resilience noted: Prices have recovered from a dip to ~$103K amid Middle East tensions, buoyed by US–China trade optimism and growing institutional demand .
Technical view: Market pullback seen post-CPI release, but BTC remains in an uptrend with support near $100K–$103K .
2. Ethereum (ETH)
Holding at $2,542, down from an intraday high of $2,579.
Stablecoin strength: Nearly half of all stablecoin issuance, dominantly on Ethereum, underpins renewed network usage .
3. Altcoins & Market Sentiment
Major altcoins rally: ETH is nearing $2.8K; altcoins like Cardano and Solana rallied up to ~8% ahead of US inflation data .
OTC and institutional momentum: Spot ETF inflows surged (~$2.75 B last week), with Ethereum and Cardano capturing significant interest .
Regulatory + macro backdrop: EU MiCA licensing for platforms (Gemini, Coinbase) and upcoming US regulatory clarity (CLARITY/Genius Acts) support broader adoption .
