The cryptocurrency market experienced a slight downturn today, with total market capitalization dropping by 0.5% to just under $4 trillion. Most major coins, including Bitcoin and Ethereum, saw price declines amid growing geopolitical tensions related to US-China trade disputes and uncertainty ahead of a key Federal Reserve speech. While some altcoins posted gains, overall market sentiment remains cautious. Experts highlight ongoing volatility fueled by tariff threats and macroeconomic concerns, but anticipate possible stabilization and optimism if the Fed enacts a rate cut later this year. Crypto ETFs continue to see outflows, while Bhutan moves forward with blockchain adoption by migrating its national digital identity to Ethereum. The market is expected to fluctuate near term as investors watch geopolitical and monetary policy developments closely.
Continue to read Cryptocurrency Market Dips Amid Geopolitical Tensions and Fed Watch
The cryptocurrency market experienced a slight downturn today, with total market capitalization dropping by 0.5% to just under $4 trillion. Most major coins, including Bitcoin and Ethereum, saw price declines amid growing geopolitical tensions related to US-China trade disputes and uncertainty ahead of a key Federal Reserve speech. While some altcoins posted gains, overall market sentiment remains cautious. Experts highlight ongoing volatility fueled by tariff threats and macroeconomic concerns, but anticipate possible stabilization and optimism if the Fed enacts a rate cut later this year. Crypto ETFs continue to see outflows, while Bhutan moves forward with blockchain adoption by migrating its national digital identity to Ethereum. The market is expected to fluctuate near term as investors watch geopolitical and monetary policy developments closely.
Continue to read Cryptocurrency Market Dips Amid Geopolitical Tensions and Fed Watch
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