Crypto Attempts to Rebound, But Risk-Off Sentiment Remains
Bitcoin edged higher on Friday, aided by buying during a brief price dip. However, the rally remained limited as the crypto market remained clouded by uncertainty over the direction of US interest rates and geopolitical risks, which have kept investors on the defensive.
In the latest session, Bitcoin (BTC) was at $67,035, with a daily change of around +0.20%. The daily range was $66,240–$68,241, indicating continued volatility despite prices holding steady in the high zone.
From a macro perspective, the narrative holding interest in speculative assets remains the same: the market is weighing the combination of slowing growth versus persistent inflation, plus the Fed's cautious stance. When interest rates are expected to remain tight for longer, crypto typically struggles to establish a consistent uptrend.
Geopolitical factors also weigh on risk appetite. Rising US-Iran tensions have led some market participants to seek safe havens (such as the dollar/gold), so flows into crypto tend to be selective and more easily "broken" by new headlines.
Most altcoins moved within a limited range with mixed direction. Ethereum (ETH) was at $1,939.89 (+0.02%), while several other major assets tended to strengthen slightly, indicating the market wasn't yet ready to take major risks. Strength was also seen in major altcoins—BNB at $617.16 (up +2.34%), ADA at $0.281051 (up +3.28%), SOL at $82.93 (up +1.89%), and DOGE at $0.09902 (up +1.28%), while XRP was at $1.41 with a daily range of $1.38–$1.44.
Source: Newsmaker.id
