The cryptocurrency market continues to trade sideways this week, with Bitcoin hovering around the $27,000 mark and Ethereum near $1,700. Investors are keenly awaiting upcoming inflation data releases, which are expected to provide further clues about the Federal Reserve's monetary policy.
In other news, regulatory scrutiny remains a hot topic, with several jurisdictions actively discussing and implementing new frameworks for digital assets. Meanwhile, development activity across various blockchain projects continues at a steady pace, with a focus on scalability and interoperability solutions. While the market lacks a clear short-term catalyst, long-term sentiment remains cautiously optimistic as adoption continues to grow.
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