🔴 Market corrects by 4.8% due to expectations regarding the Fed and the White House report
In the last hour, the global market fell by 4.8%, with 92 of the top 100 cryptocurrencies in the red. Bitcoin dropped to ≈ $118,159 and Ethereum to ≈ $3,817, reflecting uncertainty ahead of the possible Fed rate decision and the anticipated White House crypto policy report.
Despite the overall decline, ETH spot ETFs extended to 18 consecutive days of net inflows, with $218.6 million entering yesterday, while Bitcoin saw inflows of $79.98 million, demonstrating institutional resilience. ETH remains key due to its institutional utility.
For Binance users, this situation offers an ideal context for strategies in ETH or BTC, especially spot or futures based on institutional flows and technical consolidation.
