Crypto markets pulled back, with total market cap slipping below $2.4T as volatility picked up ahead of the latest Fed minutes.
Bitcoin (BTC) dipped around 1.4% to the $67.5K zone, briefly losing the $67K level. Nearly $195M in liquidations hit the market over the past 24 hours — mostly long positions — showing traders were leaning bullish into the move.
Despite the broader weakness, Ethereum (ETH) and Dogecoin (DOGE) showed relative strength. ETH held near $1,994 (+0.4%), while DOGE gained about 0.7% to $0.101, standing out as one of the few majors in green.
Altcoins like XRP, SOL, BNB, and ADA remained under pressure, each sliding 0.3%–1%+.
The pullback comes as tech/software stocks weaken and investors wait for signals from the Fed on potential rate cuts. For now, momentum looks cautious, leverage is getting flushed, and traders are watching whether BTC can reclaim strength above $68K.
Short-term shakeout or setup for the next leg? 👀
