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#BitcoinTreasuryWatch * Overall Market: The total crypto market capitalization is around $3.08 trillion, showing a slight decrease of about 1.7% in the last 24 hours. The 24-hour trading volume is approximately $80.2 billion. * $BTC : The price of Bitcoin is roughly ₹9,991,130.14. It has seen some recent volatility, with some analysts pointing to fresh US tariffs and macroeconomic concerns as factors. * $ETH : Ethereum is currently priced at about ₹3,13,723.48. It has been holding its ground, but like Bitcoin, has experienced some price fluctuations. * Market Sentiment: There seems to be some growing bearish sentiment and investor caution. Some analysts are pointing to the historical "August Curse," a pattern of weak crypto performance during the month. However, others believe that despite the dips, the long-term outlook remains resilient. * Notable Movers: While the broader market has been down, some cryptocurrencies have seen significant gains in the last 24 hours. Some of the top performers include Illuvium, Karrat , and Vulcan Forged PYR .
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#BTCUnbound The crypto market is experiencing mixed signals. $BTC has been holding steady around the $114,000-$115,000 mark, with some fluctuations due to recent macroeconomic concerns, including US trade tariffs and uncertainty surrounding the Federal Reserve's next moves. Meanwhile, several altcoins have been showing signs of a rally, with some major coins like $XRP , Cardano, and Stellar posting notable gains. Recent news includes: * Altcoin Momentum: Altcoins are seeing a surge in price, with a general improvement in risk sentiment. * Ethereum $ETH Inflows: Ethereum has been outperforming Bitcoin, supported by continued institutional interest and significant inflows into its spot ETFs. * Regulatory Developments: The Commodity Futures Trading Commission (CFTC) has launched an initiative for spot crypto trading on registered exchanges, potentially paving the way for a more formalized trading environment. There have also been rumors of a new crypto ban in China, which were quickly debunked, causing a brief period of market volatility. * Macroeconomic Influences: The market is closely watching for US economic data and any hints from the Federal Reserve regarding potential interest rate cuts, as these factors are expected to influence the market's direction. Overall, the market sentiment appears to be in a "neutral" phase, with a cautious optimism prevailing as investors await further clarity on both the regulatory and economic fronts.
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