๐ Crypto Market Rebounds: BTC Holds $114K, Altcoins Rally! ๐
The crypto market kicked off the week strong as Bitcoin steadied near $114,000, supported by growing expectations of a Fed rate cut in September.
Meanwhile, Ethereum, XRP, Cardano, and Stellar posted impressive gainsโjumping up to 8%. ๐ฅ
๐ฅ Key Highlights:
๐น BTC: $114,345 (+0.7%)
๐น ETH: $3,533 (+2.6%)
๐น XRP: +5% | ADA: +3% | XLM: +8.6%
๐น Global crypto market cap: $3.71T (+1.23%)
๐น Fear & Greed Index: Neutral (52)
๐ง Expert Insights:
> โBitcoinโs bounce from weekend lows shows strong investor confidence.โ โ Delta Exchange
โAltcoins may lead the next leg of the rally if BTC dominance drops below 60.5%.โ โ CoinSwitch Markets
โ ๏ธ Macro Triggers to Watch:
๐ Aug 7 โ U.S. Jobless Claims
๐ Aug 12 โ U.S. CPI Data
๐ฌ Whatโs your strategy for this week? Are you bullish or cautious? Share your thoughts below! ๐
