Bitcoin holds near $84,000, Ethereum steady as crypto market awaits catalyst
Bitcoin and Ethereum remained relatively steady despite a challenging macro backdrop, with elevated US Treasury yields weighing on crypto markets. Experts said Bitcoin’s ability to hold key support levels points to underlying demand, while investors await fresh catalysts from macro data, ETF flows and monetary policy for the next directional move.
Key Takeaways
- Bitcoin and Ethereum remained relatively steady despite a challenging macro backdrop, with elevated US Treasury yields weighing on crypto markets.
- Experts said Bitcoin’s ability to hold key support levels points to underlying demand, while investors await fresh catalysts from macro data, ETF flows and monetary policy for the next directional move.
- Full details and original dispatch available below.
Bitcoin and Ethereum remained relatively steady despite a challenging macro backdrop, with elevated US Treasury yields weighing on crypto markets. Experts said Bitcoin’s ability to hold key support levels points to underlying demand, while investors await fresh catalysts from macro data, ETF flows and monetary policy for the next directional move.
Original Publisher Attribution
This summary was curated from Economic Times.