Cryptocurrency Market
- Bitcoin (BTC):
- Price: $36,800, up 0.5% in the past 24 hours.
- Market Cap Dominance: 52.1%, driven by continued optimism around institutional adoption and ETF developments.
- Ethereum (ETH):
- Price: $2,050, with a 0.45% gain, supported by activity in DeFi projects and Layer 2 scaling solutions.
- Altcoins:
- Top Performer: Safe (SAFE) surged by 19.67%, likely due to retail speculation.
- Top Loser: Aragon (ANT) fell by 17.38%, possibly linked to governance concerns.
Market Sentiment: Bitcoin’s Fear & Greed Index indicates “Greed,” suggesting positive momentum but potential for short-term corrections at resistance levels.
Stock Indices
- US Markets:
- S&P 500: Up 0.3%, driven by strong retail and tech sector performance.
- Nasdaq: Gained 0.5%, buoyed by AI and semiconductor growth.
- Dow Jones: Flat, as investors focus on Federal Reserve’s next moves regarding interest rates.
- European Markets:
- DAX: Rose by 0.4%, driven by positive manufacturing output data.
- FTSE 100: Unchanged, reflecting cautious sentiment.
- Asian Markets:
- Nikkei 225: Fell by 0.2%, due to disappointing GDP figures in Japan.
- Hang Seng: Inched up 0.3%, reflecting eased regulatory fears in China’s tech sector.