Bitcoin closes this Sunday at $89,171, down slightly by 0.3% from Saturday. Ethereum is stable at $2,949. Over the week, the loss stands at 6.2%, an improvement from Wednesday’s worst levels. Traditional markets are closed, but trading volumes remain low, a sign that investors are waiting for catalysts. This end of the week reflects a market in recovery, but still fragile.
This week was marked by significant volatility, with a sharp drop on Wednesday followed by stabilization. Bitcoin lost nearly $6,000 in seven days, erasing part of January’s gains. Ethereum, though less affected, remains below $3,000, a key level for altcoins. The macroeconomic context, with fears of rate hikes, continues to weigh. Investors will monitor Fed announcements next week.
For market participants, this week is a warning. The 6.2% loss shows that Bitcoin remains vulnerable to external shocks. If the bearish trend continues, the $85,000 threshold could be tested. But stabilization above $89,000 could open the way for a rebound. In the meantime, caution remains warranted, and investors will need to navigate an uncertain environment.
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