Overview of popular cryptocurrencies on January 9, 2026, with the top three in popularity being: Bitcoin, Zcash, XRP

Santiment: Fed Pause on Rate Hikes Ignites Rebound Expectations, Bitcoin May Enter Bull Market Window but Beware of "Traps"

On March 19, after the Federal Reserve maintained interest rates unchanged, cryptocurrency market sentiment turned bullish, with traders increasing bets on a Bitcoin rebound. However, the market doubts the sustainability of the rebound, with analysts warning of a possible "bull trap." Bitcoin price is around $70,800, with the sentiment index still showing "extreme fear," and market volatility is influenced by factors such as interest rate trajectory and stock market performance.

Bitcoin dips back below $75,000 on the eve of the Federal Reserve decision

Bitcoin recently touched $75,000 but failed to sustain the level, pulling back to $74,000, reflecting cautious sentiment among investors ahead of the upcoming Federal Reserve interest rate decision. Geopolitical risks and elevated energy prices have driven inflation higher, affecting market expectations for rate cuts and pushing the timeline for cuts to year-end. Technical analysis shows Bitcoin remains strong but has not confirmed a decisive breakout above the $75,000 level, with limited upside potential in the near term.

ETF Absorbs Over $1.1 Billion Yet Struggles to Rescue the Market? Powell and Oil Prices Team Up to Put Pressure On, Bitcoin Breaks Key Support

Despite Bitcoin ETF inflows of $1.16 billion, Bitcoin price pulled back to $71,000, declining over 4%. Analysts attribute the pullback to interest rate expectations and inflation pressures, while ETF inflows indicate that institutions view Bitcoin as a long-term asset. The weakness in U.S. equities has also impacted the crypto market.

XRP Today’s News: Goldman Sachs Holds 154 Million XRP in ETF, Institutional Buying Fails to Drive Up the Price

Goldman Sachs has become the largest public holder of XRP spot ETF with a position of approximately $154 million, but this institutional signal has yet to be reflected in the coin price, with XRP still hovering around $1.29. Technical analysis shows that the $1.50 support level is critical, and a breakthrough could push prices higher.

Whale Buys Million in Ethereum! Low-Level Rebound Signals Emerge, Is ETH Price Inflection Point Coming?

Recently, an Ethereum whale returned to the market, purchasing 50,706 ETH with 111 million USDT, demonstrating confidence in the current price. Meanwhile, other large wallets have exhibited similar buying behavior, elevating market attention toward Ethereum. Although Ethereum's price continues to face pressure, institutional capital inflows and improved regulatory environment in the United States provide certain support to the market, potentially establishing mid-term support levels.

Today's cryptocurrency fear and greed index dropped to 23, with the market shifting to an extremely fearful state.

Gate News: On March 19, according to Alternative.me data, today's cryptocurrency Fear and Greed Index dropped to 23, with the market transitioning from yesterday's "panic state" (index 26) to "extreme panic state."