???? Market Overview
Bitcoin is trading around 63,300 USD, while Ethereum is near 1,830 USD, with a cautious and slightly fragile tone dominating the broader crypto market. Recent rebound attempts have failed to generate sustained momentum, and selling pressure remains more visible in volume dynamics. In the U.S., expectations that the Fed may keep rates higher for longer, along with a strong dollar and elevated Treasury yields, continue to weigh on risk assets across global markets. Regulatory uncertainty around the SEC and ongoing geopolitical developments are also limiting overall investor sentiment. Technically, 60,000 USD remains a critical threshold; a sustained move below this level could open the door to a deeper correction toward the 50,000 USD range in the near term. This is not investment advice.
???? Key Developments
★★★ The U.S. Congress is discussing a new framework for stablecoins and crypto custody; the market has priced this in as a 2026 regulatory roadmap. (Reuters)
★★★ U.S. spot Bitcoin ETFs saw consecutive weekly outflows. Institutional appetite has weakened, commentators say. (CoinDesk)
★★☆ Hong Kong’s regulator has officially granted licenses to new virtual asset platforms. Regulatory expansion continues across Asia. (Bloomberg)
★★☆ Fed officials pushed back expectations for rate cuts; the correlation between Bitcoin and the Nasdaq has risen again. (Financial Times)