The crypto market capitalization has stabilized around 2.97 trillion USD but shows caution about crossing the 200-day moving average. With a neutral sentiment in the markets, traders tend to hold for longer stops.
Bitcoin is stabilizing around 94,500 USD, recovering from previous dips, with a bullish technical outlook. Ethereum struggles at 1,800 USD while facing resistance from its moving averages.
ARK Invest predicts Bitcoin could reach 2.4 million USD by 2030 under favorable adoption conditions. The recent easing of regulations by the US Federal Reserve may boost institutional interest in digital assets.
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