🔴Overall Market Performance: Slight Fluctuations with Cautious Optimism 📈📉
🔸️Today, the cryptocurrency market experienced limited fluctuations, with the total market capitalization increasing by 0.63% to reach $3.99 trillion. However, the daily trading volume decreased by 0.63% to $186.79 billion, reflecting caution among traders ahead of tomorrow's CPI report, which could impact the Federal Reserve's decisions on interest rates. Bitcoin's dominance dropped by 0.53% to 59.49%, indicating growth in alternative currencies like Ethereum.
🔸️In some reports, the market recorded a decline of 2.5% earlier today, but it partially recovered, supported by positive inflows into Ethereum exchange-traded funds (ETFs). For you, if you are looking for long-term opportunities, this relative stability makes the market attractive, especially with expectations of interest rate cuts that could push prices higher.
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