Cryptocurrency prices have slightly decreased, with market attention focused on the macroeconomic situation in the US, meme coins, and tokenized stocks. Bitcoin (BTC) is trading around $77,500, while Ethereum (ETH) is slightly below $2,400. The price of BTC has remained almost unchanged, while ETH has decreased by about 1%.
The total capitalization of the cryptocurrency market exceeds $2.6 trillion. The fear and greed index stands at 65 points, indicating a state of 'greed', which reflects investors' inclination to buy.
Among major crypto assets, the token of Arbitrum (ARB) has risen by 13%, while the token of the Sky platform (SKY) has decreased by 5%. Bitcoin-based ETFs have recorded an inflow of over $101 million, while Ethereum ETFs have seen an outflow of more than $48 million.
The price of Bitcoin continues to fluctuate around $77,000. Analysts at Glassnode estimate that the instability in the US government debt market continues to exert pressure on crypto assets. They assess the primary range for BTC between support levels of $62,000–$65,000 and resistance levels of $83,000–$86,000, while Wintermute sees nearby support around $72,000.
Additional pressure is created by expectations of a possible interest rate hike by the US Federal Reserve.
At the same time, activity in the market has increased around Robinhood Chain. Due to the growth in trading of meme coins and tokenized stocks, the network's daily revenue has reached nearly $4 million.
Markets are also awaiting the passage of the CLARITY Act, which regulates the US cryptocurrency market. Paul Atkins, head of the US Securities and Exchange Commission (SEC), anticipates legislative progress, while industry participants have long awaited regulatory clarity.
