Today’s crypto market is experiencing moderate volatility, with Bitcoin hovering around $63,000 after briefly dipping below $62K earlier in the day. Ethereum has shown resilience, trading near $3,000 as investor sentiment cautiously improves. Altcoins like Solana and Avalanche are seeing minor gains, supported by renewed interest in decentralized applications. Market sentiment remains mixed, influenced by macroeconomic factors like inflation data and upcoming U.S. Fed policy updates. Trading volume has slightly decreased, suggesting a wait-and-see attitude among retail investors. Meanwhile, institutional activity remains steady, especially in Bitcoin ETFs. Overall, the market appears to be consolidating, with investors closely watching for signals of a potential breakout or deeper correction.
