Crypto Market Remains Rangebound Amid Macro Uncertainty

The crypto market has been experiencing a rangebound price action, with Bitcoin struggling to break above the key $70,000 resistance level. The market's total capitalization rose to $2.32 trillion, up 1.51% over the past 24 hours.

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Bitcoin mining difficulty rebounded sharply, rising roughly 15% as US-based miners recovered from prior winter-related disruptions. This adjustment signals improving operational stability and stronger hash rate participation, reinforcing the network's resilience.

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The Fear & Greed Index remains at extreme fear territory, despite the modest gains in the market. Analysts are closely watching equity markets, particularly AI-related stocks, as potential catalysts for broader risk appetite shifts.

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While short-term sentiment is dominated by macro uncertainty, underlying network metrics show steady normalization. Traders are balancing these supportive fundamentals against persistent risk-off positioning across broader markets.