Crypto Market: Meanwhile, early signs of capital rotation are emerging as inflows into Bitcoin investment products resume, while some profit-taking appears to be occurring in gold
The recent pullback comes after a sharp reversal in US spot Bitcoin ETF flows and growing concerns around inflation and geopolitical tensions
According to the data, 62 per cent of women respondents said they are very likely to invest in crypto in the next 6-12 months, while another 23 per cent said they are somewhat likely to invest
Analysts said inflows into US spot Bitcoin ETFs and improving risk appetite have supported the broader rebound in digital assets, lifting Ethereum, Binance Coin, Solana, and XRP alongside Bitcoin
Analysts caution that near-term uncertainty persists due to derivatives expiries, macroeconomic risks, and continued correlation with broader risk assets
Strength spilled into the altcoin complex, where Cardano, Solana, BNB, XRP, and Hyperliquid advanced as much as 8 per cent
Broader market stability, analysts said, is likely to hinge on easing macro headwinds and a rebound in capital flows, conditions that remain elusive in the current environment
The sell-off in crypto markets, analysts said, was driven by global risk-off sentiment following Trump's tariff announcement
India, to truly excel in Web3, Sumit Gupta of CoinDCX said, must move beyond reactive policies and craft regulations that foster innovation, protect consumers, address risks, and provide clarity
A break below support, analysts said, could trigger deeper corrections, while historical trends suggest that sustained levels may pave the way for a short-term relief rally
Commenting on the ongoing volatility in Bitcoin, Eric acknowledged the sharp price swings but remained optimistic about its long-term potential
The flagship token briefly slipped below $68,000 before recovering to $68,500, maintaining a sideways range between $65,000 and $70,000 over the past ten days
A strong recovery in Bitcoin above $70,000, analysts believe, could help restore broader market confidence, while failure to hold current supports may trigger another wave of risk-off sentiment
Altcoins followed a similar risk-off trajectory. Ethereum, BNB and Solana reflected weaker bid depth during the pullback
Until macro stability returns and ETF inflows resume, crypto markets, analysts believe, are likely to remain defensive
Bitcoin slipped below the $80,000 mark after failing to hold above $89,000, with the decline exacerbated by thin weekend liquidity
Macro conditions also weighed on sentiment. Analysts noted that risk appetite softened across global markets as investors reassessed the outlook for monetary easing
Amid this, more than $1.5 billion in outflows from spot Bitcoin ETFs this week, analysts said, point to a near-term moderation in institutional risk appetite
The downturn followed broader weakness in global equities after renewed trade tensions between the US and Europe, triggered by President Donald Trump's latest tariff threats
The rally, analysts said, appears driven by spot accumulation and improving risk appetite, with on-chain data showing liquidations of short positions as Bitcoin moved above key resistance levels