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Global Crypto News 🪙
🔸 Bitcoin has bounced back near $69,440 after a rollercoaster week marked by volatility and deep investor fear. With the Fear and Greed Index still planted at 11, signaling extreme fear, traders remain cautious despite signs of recovery across the board. Over the past 24 hours, the crypto market is showing a cautious optimism, with most top 10 coins in the green.
🔸 Inflation data is the big story driving markets today. A cooler-than-expected CPI print at 2.4% has ignited fresh hopes for a Fed rate cut. That spark has sent ripples through the crypto space, helping Bitcoin stabilize just below the $70K line and
Ethereum climb back to $2,071. Markets are interpreting this as a signal of controlled inflation and a potential tailwind for digital assets.
🔸 The drama didn’t stop at price movements. Institutional flows through U.S. spot Bitcoin ETFs showed heavy midweek outflows, after early strength on Monday and Tuesday. Despite that, whales have accumulated over 18,000 BTC in the past four days an ultra-bullish signal suggesting big players are eyeing long-term upside.
🔸 While retail investors remain hesitant, the broader crypto market has reclaimed strength
with a total capitalization hovering around $2.38 trillion. Trading volume is strong at over $86 billion, reflecting renewed interest and increasing liquidity. Bitcoin dominance stands tall at 58.2%, reinforcing
