Crypto Market Shows Recovery: ETF Inflows Hit $3.19B as Fed Rate Cut Expectations Rise

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The cryptocurrency market demonstrated a recovery following a correction period. Bitcoin and Ethereum ETFs recorded significant capital inflows totaling $3.19 billion this week, concurrent with traders factoring in Federal Reserve rate cuts as inflation data shows cooling trends.

Current market indicators show Bitcoin trading at $122,124 (+0.56%) while Ethereum stands at $4,436 (-0.27%). The Fear & Greed Index registers at 70, indicating “Greed,” with the total cryptocurrency market capitalization at $4.43 trillion. The market witnessed $361 million in liquidations during this period.

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