The crypto market held close to the $2.5 trillion market cap with no signs of movement as traders reassess their positions amid the current market environment.
Summary
- Crypto market held near $2.5 trillion with muted price action as Bitcoin stalled above $70,000 and major altcoins posted modest declines.
- Investor sentiment weakened amid Middle East tensions, rising oil prices, and hawkish Fed signals following stronger-than-expected U.S. inflation data.
- Lack of fresh liquidity, ETF caution, and a record $5.7 trillion options expiry contributed to sideways trading and $393 million in liquidations.
Bitcoin (BTC), the so-called digital gold asset, has stalled shortly…
