Bitcoin (BTC) is trading around USD 90,300, while Ethereum (ETH) sits near USD 3,235.
From volatile swings earlier this year — including a peak above USD 126,000 for Bitcoin — the crypto market has cooled off somewhat.
Yet we’re seeing renewed momentum: major coins, especially ETH, have shown signs of rebound lately.
---
🚩 What’s Driving Market Mood
A major factor: recent policy moves by the Federal Reserve — its decision to cut interest rates has boosted risk-assets, including crypto.
This easing stance appears to have helped revive investor appetite and optimism in the crypto sector, at least in the short term.
On the flipside, long-term uncertainty remains. Some large institutions have moderated their bullish forecasts, citing weaker demand from corporate holders and exchange-traded funds (ETFs).
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
📈 Market Snapshot — Where We Stand Today
Bitcoin (BTC) is trading around USD 90,300, while Ethereum (ETH) sits near USD 3,235.
From volatile swings earlier this year — including a peak above USD 126,000 for Bitcoin — the crypto market has cooled off somewhat.
Yet we’re seeing renewed momentum: major coins, especially ETH, have shown signs of rebound lately.
---
🚩 What’s Driving Market Mood
A major factor: recent policy moves by the Federal Reserve — its decision to cut interest rates has boosted risk-assets, including crypto.
This easing stance appears to have helped revive investor appetite and optimism in the crypto sector, at least in the short term.
On the flipside, long-term uncertainty remains. Some large institutions have moderated their bullish forecasts, citing weaker demand from corporate holders and exchange-traded funds (ETFs).