#CryptoMarkets
Investor sentiment remains fragile amid regulatory and macroeconomic developments. Hotter-than-expected inflation data has dimmed expectations for a US rate cut, weighing on Bitcoin and altcoins. Bitcoin recently retraced from an all-time high (~$124K) down to around $119–120K, while Ethereum and other major cryptos also slipped. Simultaneously, optimism persists around a possible “altcoin season”—XRP, SOL, ETH, and ADA have shown renewed strength, and $5 billion in Bitcoin options are set to expire, potentially adding volatility or momentum.
In short: expect choppy trade—possibly corrective moves amid macro anxiety, but still opportunistic action around ETF flows, options expiry, and altcoin rotation.