Cryptocurrency Market Remains Cautious Amid ETF Outflows and Macroeconomic Uncertainty

The cryptocurrency market has been experiencing a cautious consolidation phase due to ongoing ETF outflows and uncertainty surrounding upcoming US macroeconomic triggers.

According to analysts, easing crude oil prices and improving macro sentiment have contributed to reducing immediate downside pressure. However, the market remains challenged in reclaiming key resistance zones.

The price of Bitcoin has been trading near $76,800 (approximately Rs. 73.3 lakh), with a slight increase of 0.60 percent in the last 24 hours. Ethereum is also experiencing muted movement, trading around $2,100 (approximately Rs. 2 lakh).

Major altcoins, such as Binance Coin and Solana, are also showing weakness in their price action. Analysts from various firms have shared their perspectives on the current market structure.