🔔 Crypto Market Update – Today’s Highlights 🔔
🟠 Bitcoin weak, market under pressure
Bitcoin is trading around $66,000 and struggling to gain upside momentum, marking its fourth straight weekly decline as global risk assets weaken and traders stay cautious ahead of macro events.
📉 Strong recent sell-off in crypto
Market sentiment remains bearish, with Bitcoin down about 30% over the last month, dragging many altcoins lower and adding to investor caution.
🏛️ Regulatory spotlight in the U.S.
U.S. lawmakers continue pushing to advance major crypto legislation, and top regulators are warning about risks if progress stalls this could be a key catalyst for future market direction.
📉 Exchange struggles reflect market weakness
Major exchange Coinbase reported a quarterly loss and lower trading activity, highlighting how the broader downturn is squeezing institutional players too.
📊 Fear still high in broader market
Altcoins remain under pressure alongside Bitcoin, while trading volumes have cooled and risk-off sentiment is dominating investor behavior.
Crypto markets are currently in a cautious phase with continued downside bias. Traders are watching key macro data and regulatory developments closely for signs of a new trend reversal....