Bitcoin Shows Signs of Recovery as Focus Shifts to the Fed
While the decision is largely priced in, investors will closely monitor the tone of the statement for any signs of renewed inflation risks.
Quick overview
- Institutional demand for cryptocurrencies has been steadily increasing, with spot Bitcoin ETFs seeing net inflows for six consecutive days.
- Bitcoin is currently trading around $73,700 after reaching a high of $76,000, while Ethereum remains above $2,300.
- Despite recent slight declines, the overall cryptocurrency market has shown resilience amid geopolitical tensions and rising oil prices.
- The Federal Reserve is expected to keep interest rates unchanged, with investors keenly awaiting the tone of their upcoming policy statement.
Institutional demand has shown steady growth in recent days, while the main focus for markets this week will be the Federal Reserve’s policy decision on Wednesday.

Although the cryptocurrency market has posted slight declines in the past few hours, it has maintained a broader upward trend in recent days. Bitcoin (BTC) is trading around $73,700 after briefly touching $76,000 early Tuesday — its highest level since February 4. Meanwhile, Ethereum (ETH) is up more than 1.8%, holding above the $2,300 mark.
Altcoins are trading mixed. XRP has gained more than 1%, overtaking Binance Coin (BNB) as the fourth-largest cryptocurrency by market capitalization, while BNB is down 2.3%. Tron (TRX) leads gains among major tokens, rising 1.4%.
The crypto market has shown notable resilience despite geopolitical tensions in the Middle East, which have pushed oil prices close to $100 per barrel.
The Federal Reserve is widely expected to leave interest rates unchanged at its meeting tomorrow. While the decision itself is largely priced in, investors will closely monitor the tone of the statement for any signs of renewed global inflation risks.
ETF demand returns
Institutional demand continues to provide support, with spot Bitcoin ETFs extending their streak of net inflows to a sixth consecutive day. U.S.-listed funds recorded approximately $202 million in inflows on Monday, reinforcing investor appetite even amid macroeconomic uncertainty.
According to Binance Research, “markets are watching for signs of stabilization as spot BTC ETFs return to net inflows, while the peak of the U.S. tax refund season in the coming weeks could provide additional liquidity to risk assets.”
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