The week has been turbulent for cryptocurrency markets. Bitcoin is fluctuating around the $84,000 mark but hasn't surpassed the critical $86,000 level. The market was influenced by the Federal Reserve meeting and Trump's statements.
Current Bitcoin Status
For the past 62 days, Bitcoin hasn't consistently held above $100,000, an unusual weakness for the cryptocurrency. Macroeconomic factors significantly impacted the decline.
Overall Cryptocurrency Market Update
In the last 24 hours, trading volume fell to $42 billion, with a total cryptocurrency market capitalization of $2.77 trillion. The fear and greed index remains in the fear zone, and the altcoin season index is at 21.
Key Developments of the Week
Four (FORM) and CAKE Coin showed significant gains of 41% and 61%, respectively. AUCTION had the largest liquidation, exceeding $16 million.
Cryptocurrency markets remain unstable amid economic uncertainty. Changes may occur after April 2 as news on tariffs unfolds.
