Crypto Daybook Americas: Market Movements as Bitcoin Stabilizes Before Fed Decisions
The Crypto Daybook Americas reports Bitcoin stabilizing around $84,000 despite market fluctuations, with smaller coins fostering optimism. A recent surge in ETF inflows reflects diminished selling pressure, while the Federal Reserve’s upcoming decisions may influence volatility. Analysts predict Bitcoin and Ethereum’s trading ranges based on economic signals and investor sentiment.
On March 18, 2025, the Crypto Daybook Americas highlights significant movements in the cryptocurrency market. Bitcoin (BTC) fluctuated around its 200-day average of $84,000, showing resilience as major players like the Hyperliquid whale adjusted their positions. Smaller coins, including CAKE and TKX, contributed positively to market sentiment, reflecting optimism amidst fluctuating conditions.
The SUI token struggled to maintain its recent gains, indicative of market volatility driven by institutional interest post-ETF filings with the SEC. Despite some analysts forecasting the conclusion of the Bitcoin bull run, evidence suggests that ETF-led selling pressure is waning, potentially allowing for further price stabilization.
Last Monday witnessed substantial inflows into U.S.-based spot Bitcoin ETFs, amounting to $275 million, which is the first consecutive influx of funds since early February. Market analysts, including BRN’s Valentin Fournier, observed that this trend may indicate reduced selling pressure, thereby enhancing Bitcoin’s market position.
Upcoming Federal Reserve decisions may add to market volatility. Ryan Lee from Bitget Research projected Bitcoin’s trading range post-FOMC between $80,000 and $86,000, and Ethereum between $1,800 and $2,100, influenced by broader economic indicators and market sentiment.
The current movements in cryptocurrency highlight a dynamic market facing potential volatility due to external economic factors. Despite looming uncertainties regarding Bitcoin’s price, recent ETF inflows signal a reduction in selling pressure. Continued monitoring of macroeconomic indicators and upcoming Federal Reserve decisions will be critical for determining the market’s short-term trajectory. With smaller coins performing positively, there is cautious optimism for an upward trend in the near term.
Original Source: www.coindesk.com
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