Market-making firm Wintermute says crypto markets have entered a digestion phase rather than a directional trend, with activity concentrated primarily inBitcoin(CRYPTO: BTC) andEthereum(CRYPTO: ETH).
What Happened:The firm noted on Tuesday that markets are trading within a stable consolidation range as investors show greater tolerance for macro uncertainty.
Both retail and institutional flows remain positive for BTC and ETH, though with low leverage as traders wait for clearer signals from central banks.
Bitcoin climbed back toward ~$94,000, while total crypto market capitalization has bounced to ~$3.25 trillion.
Last Friday's sharp $4,000 BTC drop, triggered by roughly $2 billion...
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