Bitcoin’s price dropped nearly 3% to 109,800 USD, impacting Ethereum and other tokens. The increase in BTC’s implied volatility suggests potential market turbulence ahead.
The upcoming release of U.S. Core PCE data is expected to influence the Federal Reserve’s policies, affecting risk appetite and market dynamics.
Despite BTC’s fluctuations, investor focus on Ethereum is rising, reflected by increased ETF inflows, signaling a potential shift in market attention.
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