Bitcoin is range-bound at $112,218, while Ethereum trades around $4,140, awaiting cues on potential rate cuts. Optimism is fueled by new wallets accumulating 73,702 BTC, and social media buzz suggests fresh liquidity. Analysts indicate a macro bullish structure with room for upward momentum, but caution that Bitcoin needs to hold above $114,000 with genuine spot demand for a durable shift.
US stocks: US market ends down as oil prices, Treasury yields rise
In a turbulent day for Wall Street, the markets faced declines primarily driven by disappointing performances from Alphabet and Amazon, compounded by increasing Treasury yields.