LONDON (IT BOLTWISE) – Cryptocurrency markets are showing another week of consolidation after the market rebounded the previous week. Bitcoin remains above the psychologically important $90,000 level as fear continues to dominate investor sentiment. CoinMarketCap’s Fear & Greed Index shows a slight improvement from 20 to 25 over the week.
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Cryptocurrency markets have stabilized again after the long-awaited recovery last week. Bitcoin is holding above the key $90,000 level, although investor sentiment remains dominated by fear. CoinMarketCap’s Fear & Greed Index shows a slight improvement from 20 to 25 over the week, indicating cautious confidence among investors.
Across the broader crypto space, Ethereum Treasury trading appears to be unraveling as monthly purchases of Ethereum digital asset treasuries (DATs) have declined by 81% over the past three months. Despite this decline, the largest corporate Ether holder, BitMine Immersion Technologies, continues its ETH accumulation, while other treasury firms continue to raise funds for future purchases.
Investors are eagerly awaiting the US Federal Reserve’s upcoming interest rate decision, which could provide further guidance on monetary policy through 2026. The market is pricing in an 87% chance of a 25 basis point rate cut, up 62% from the previous month.
Meanwhile, Citadel Securities has called on the US Securities and Exchange Commission to tighten regulation of decentralized finance platforms that offer tokenized stocks. This requirement has caused considerable resentment in the crypto community as it is seen as a barrier to innovation in the blockchain space.
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