๐ Market Mood, Price Swings & Recovery Signals
Bitcoin (BTC) and Ethereum (ETH) recently bounced back, rallying to two-week highs โ BTC hovered near โ $93,400 and ETH crossed โ $3,200. The bounce is largely driven by hopes around a potential interest-rate cut by the Federal Reserve, which lifted appetite for risk assets.
The Economic Times +2
Still, the broader context remains shaky: since hitting record highs in October (BTC above โ $126,000), both BTC and ETH have plunged significantly โ BTC down ~33%, ETH down ~36%.
mint +1
Some altcoins were catching gains alongside BTC/ETH, though overall crypto-market capitalization stayed under pressure amid mixed sentiment.
The Economic Times +2