Crypto markets rose on Monday morning, with total capitalization reaching $2.3 trillion, bitcoin gaining 1% to $65,500 and ethereum climbing 3.5% to $1,960, a seven-week high. Investors are bracing for a volatile week ahead of the Federal Reserve’s interest rate decision on Wednesday, with odds of rates remaining unchanged dropping to 63.7% versus a 36.3% chance of an increase. The US-Iran ceasefire following thirteen nights of airstrikes pushed oil prices lower while supporting stock futures and crypto markets. Bitcoin faces heavy resistance above $66,000 while ethereum struggles at the $2,000 level. More than 15% of S&P 500 companies, including Microsoft, Meta, Apple and Amazon, will report earnings this week.
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