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Crypto Sentiment Turns Cautious as Bitcoin Struggles Below $80,000

Picture: Bitcoin Insider

The cryptocurrency market has slipped to a six-week low of $2.66 trillion as investor sentiment falls below neutral and Bitcoin struggles to hold $80,000. Traders are watching the Federal Reserve for fresh direction, while changing exchange flows and institutional Bitcoin accumulation offer conflicting signals. The crypto market fell by 0.4% to $2.66T, a six-week low; the sentiment index dropped to 48. Bitcoin remains below $80K, while the market awaits signals from the Fed and guidance on the Anthropic IPO. The crypto market retreated a further 0.4% over the last day to $2.66T, a six-week low.

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