Ethereum (ETH) — ~$2,981 USD
📊 Market Overview
Global crypto market cap is roughly $3.0 – 3.1 trillion, with trading volume elevated and Bitcoin dominance near ~57% while Ethereum holds ~11-12%. Overall market activity is slightly positive to mixed over the past 24 h. CoinGecko+1
📉 Price Action & Trends
BTC is trading sideways below $90K after recent volatility — prices are muted amid cautious sentiment. Goodreturns
ETH is near $3K with minor gains, though broader altcoin strength is mixed/weak. Goodreturns
Many altcoins are trading in the red, contributing to a volatile environment. Goodreturns
📰 Key Market News Impacting Today
Bullish / Neutral Signals
Some forecasts still project BTC rising long-term, e.g., to ~$143K next year under certain scenarios. MarketWatch
Institutional interest continues to evolve, with tokenized funds and crypto integrations by major banks. Wall Street Journal
Bearish / Volatility Drivers
Recent Bitcoin bounce is modest and buying pressure is described as weak. Investors
Broad regulatory and policy developments (e.g., possible index exclusions for crypto-holding firms, regulatory uncertainty) are weighing on sentiment. Reuters
Macroeconomic and legislative delays are triggering pullbacks — e.g., a crypto bill postponement impacted BTC recently. The Economic Times
🧠 Market Sentiment Snapshot
Volatility remains high: price rebounds are tentative and driven by short-term data like inflation prints. barrons.com
Traders are cautious due to macro and regulatory news flow.
