The crypto market showed mixed signals today as Bitcoin hovered around $63,000, facing slight resistance after a minor rally. Ethereum stayed stable near $3,400, while altcoins like Solana and Avalanche gained 2–4% amid rising DeFi activity. Investors are closely watching the U.S. Federal Reserve’s comments on interest rates, which continue to influence risk asset sentiment. Meanwhile, ETF inflows remain positive, signaling long-term confidence in digital assets. In Asia, regulatory updates from Hong Kong about retail crypto access stirred optimism. Analysts suggest a potential breakout if BTC crosses the $65K mark with strong volume. Caution and patience are advised.#CryptoMarket4T
Institutional interest in crypto is growing as traders weigh spot vs futures strategies. Standard Chartered recently launched spot trading for Bitcoin and Ethereum, letting clients own actual assets. Meanwhile, futures trading—offering leverage—remains popular for short-term speculation and hedging. In India, SEBI is reviewing futures contract regulations due to high retail losses. Experts suggest a mixed approach: use spot for long-term holding and futures for hedging or arbitrage. The basis trade, where one buys spot and shorts futures to profit from price gaps, is also seeing renewed interest among pro traders#SpotVSFeaturesStrategy
**PYTH** is on fire! 🔥 Just hit **$0.1405** with strong volume—bulls are charging hard.
### **Why This Move Matters:** ✅ **New Highs**: Breaking past resistance. ✅ **Bullish Momentum**: Buyers dominating, no signs of slowing. ✅ **Big Target**: Clear path to **$0.2050** if momentum holds.
Bitcoin has held firm just above the $118K–$120K range, enabling a powerful rotation into altcoins—Ethereum, XRP, Solana, Cardano, and meme tokens are all surging. Ethereum climbed ~8–9%, reaching $3,600+, with XRP jumping nearly 20% to $3.58 amid record network growth . Total crypto market cap now approaches $4 trillion, propelled by a bullish environment fostered by recent U.S. crypto legislation . Traders have noted a bullish breakout in altcoin dominance metrics (TOTAL2 / TOTAL3), signaling a potential “altseason” with market cap possibly doubling to ~$2.8T .#AltcoinBreakout