The crypto market dipped 0.54% in the past 24 hours, settling near $3.96T. While the move was minor, it extended a week-long sideways trend (+2.35% over 30 days).
Declining volumes and mixed macro signals contributed to the pullback.
Derivatives reset – Open interest surged 49% monthly, but 24h liquidations fell 84%, signaling leverage unwinding.Low liquidity – Spot trading dropped 6%, with altcoin volumes underperforming Bitcoin.
Fed uncertainty – Powell’s rate-cut hints clashed with delayed ETF decisions, stalling momentum.
