Current Market Status

Bitcoin holds around ~$87–88k, although it is under pressure — investors are showing caution, and ETF losses have exceeded $350 million, signaling weak institutional support.

BTC, ETH, and XRP have fallen due to weak macroeconomic data, including U.S. labor market data, which disappointed expectations for further rate cuts by the Fed.

🏦 Institutional Interest and Strategy Changes

Despite the market correction, Cathie Wood (ARK Invest) is buying stocks of crypto companies, demonstrating faith in recovery and the long-term outlook of the market.

Investors are shifting to new strategies, such as actively managed products and risk hedging, indicating the development and 'maturing' of the crypto industry.