BTC volatility is significantly influenced by macroeconomic factors and market sentiment, remaining high at 48.6%. The Bank of Japan’s interest rate hike expectations are contributing to the market dynamics.
With an 89.2% probability of a Fed rate cut in December, BTC showed resilience by rebounding to around 93,000 USD. While significant trades indicate strong interest, market trading remains in a range-bound phase.
Noteworthy trades include purchases of approximately 1,200 BTC and 25,000 ETH, indicating active market participation amid the current volatility.
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