BTC stabilizes around $64,048 amid cautious sentiment driven by Fed policy ambiguity and Middle East tensions.
Bitcoin traded at $64,048, up 0.13%, as investors balanced optimism from AI-linked tech gains against macroeconomic and geopolitical risks. Ethereum fell 0.47% to $1,893, while the broader crypto market cap stood at $2.27 trillion, with BTC dominance at 56.6%. The Fear & Greed Index remained at 25, signaling extreme fear.
The crypto market’s muted reaction follows a week of volatility, with altcoins underperforming despite strong earnings from semiconductor firms. Prior sessions saw BTC range-bound between $63,000 and $65,000, reflecting hesitancy ahead of key U.S. economic data. Geopolitical concerns in the Middle East added to the cautious tone.
Small-cap tokens surged, with What If leading gains at +105.4%, while FTX’s $900M payout deadline for creditors approached, adding pressure to liquidity conditions.