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🔄 Market Mood, Price Swings & Recovery Signals Bitcoin (BTC) and Ethereum (ETH) recently bounced back, rallying to two-week highs — BTC hovered near ≈ $93,400 and ETH crossed ≈ $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 ≈ $126,000), both BTC and ETH have plunged significantly — 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.