Bitcoin approached the $64,000 mark as improved sentiment and liquidity supported a cautiously bullish outlook, despite sideways trading for other leading assets. Analysts identified technical signals suggesting a market bottom, while Ethereum gained following soft inflation data. Trading turned cautious as investors awaited Washington's discussions on the CLARITY Act, leading to a 1.35% slip in total market capitalization to approximately $2.2 trillion.
Bitcoin and XRP trade cautiously as investors await Washington discussions on the proposed CLARITY Act for crypto market structure.
Read the full storyEthereum outperformed as major cryptocurrencies stabilized following soft inflation data, with analysts identifying technical signals that the market may have reached a bottom.
Major cryptocurrencies including Bitcoin and Ethereum climbed as improved liquidity and market sentiment supported a cautiously bullish outlook near key technical levels.