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〽️NEUTRAL

Bitcoin Holds Near $63.6K as Markets Await CPI

Fear & Greed at 27 and BTC dominance at 56.4% frame a cautious market, while bridge security and SEC scrutiny add separate risks.

Bitcoin traded near $63,600 on Wednesday, down 0.43% at $63,590, while Ethereum rose 0.71% to $1,885. Total crypto market capitalization was $2.26T, with BTC dominance at 56.4%.

Markets were awaiting the CPI release as Bitcoin remained in a narrow consolidation range. The Fear & Greed Index was 27, or Fear, while the Altcoin Index read 49/100.

The wider news flow included an attacker draining 200K XRP from a bridge using a fake deposit, the SEC eyeing new crypto rules after the CLARITY setback, and Bitcoin whale wallet count hitting a six-month high as retail participation receded.

Source: [source](http://telegraph.controller.bot/files/8336652911/AgACAgIAAxkBAAJHwGp8G41n-vQE2uBlsTdyAfLri3yHAALeGWsb3VzhS5O9HXf8twAB1wEAAwIAA3kAAz0E)

Related tokens
$BTC $ETH $XRP

Frequently asked questions

  1. How did Ethereum move compared with Bitcoin?

    Bitcoin traded at $63,590, down 0.43%, while Ethereum stood at $1,885, up 0.71%.

  2. What were the market cap and Bitcoin dominance readings?

    The total crypto market cap was $2.26T, and BTC dominance stood at 56.4%.

  3. What did the Fear & Greed and Altcoin indexes read?

    Fear & Greed was 27, classified as Fear, while the Altcoin Index was 49/100.

  4. What method did the bridge attacker use to drain XRP?

    The attacker used a fake deposit to drain 200K XRP from a bridge.

  5. What whale and regulatory signals stood out in the update?

    Bitcoin whale wallet count reached a six-month high as retail participation receded. The SEC was eyeing new crypto rules after the CLARITY setback.

Source attribution
Aggregated from Crypto Rank News · Verified · Last refreshed 2h ago
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