Bitcoin struggled to gain momentum this week as investors grappled with economic uncertainties, such as potential changes in U.S. trade tariffs and the Federal Reserve’s upcoming decisions on interest rates. The cryptocurrency inched up by 0.2% to $96,811.1, remaining within a tight trading range.
Altcoins displayed mixed results, with Ethereum (ETH) rising 0.5% to 2,728.8 and XRP dropping 1.3 2.7028. Solana gained 2%, Cardano rose 0.8%, and Polygon edged up 0.3%. Meme tokens like Dogecoin saw a slight increase of 0.2%, while $TRUMP fell by 0.7%.
The overall crypto market capitalization held steady at $3.22 trillion, reflecting cautious investor sentiment. Trading volume for Bitcoin remained active, indicating continued interest despite the lack of significant price movement.