- Powell’s comments impact Bitcoin, Ethereum prices.
- ETF inflows stabilize BTC.
- No significant reaction from key market leaders.
Markets showed restraint despite central bank uncertainty, influencing trading behavior. Bitcoin and Ethereum remained stable, highlighting cautious market sentiment and reliance on ETF inflows.
“Unnamed Market Analysts have pointed out key technical levels for Bitcoin, citing a critical range of $104,000–$105,000, indicating a significant focus on trading strategies amid prevailing market uncertainty.”
Federal Reserve Chair Jerome Powell’s remarks emphasized tariff-induced uncertainty in the markets, resulting in Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE) trading within a stable range. Analysts highlighted ETF inflows as a stabilizing force, with technical levels for BTC staying at $104,000–$105,000. In contrast, market leaders such as Vitalik Buterin and Elon Musk have not commented.
Despite the macroeconomic uncertainty, the immediate market reaction was muted, with steady trading activity and no significant price swings. This reflects a cautious ‘wait-and-see’ approach by investors. Financial analysts note no substantial shifts in total value locked (TVL) in major cryptocurrencies. Institutional flows provide ongoing support, particularly for Bitcoin, amid prevailing macro concerns. Historical trends suggest potential volatility before a new trend is established.
