🔴 Crypto Market Struggles Despite Powell’s Dovish Remarks

The crypto market continues to show bearish trends today, with Bitcoin (BTC) dipping below $112,000 and Ethereum (ETH) falling under $4,200. Despite growing expectations of a Fed rate cut, the market remains cautious.

🔑 Key Updates:

Bitcoin slipped 1.4%, Ethereum down 2.08%.

AI sector gains modestly (+0.46%), with ChainOpera AI up 26.56%.

Fed Chair Jerome Powell's dovish tone has increased the probability of a rate cut to 94%.

Altcoin season at 35, but broad participation remains weak.

💡 Market Sentiment:
Although there’s optimism surrounding a potential rate cut, traders are wary, and volatility continues to dominate the market.