The crypto market has shown signs of stabilizing after June’s sell-off, but evidence for a sustained recovery remains incomplete. Total market capitalization fell 2.95% to approximately $1.85 trillion, with key resistance between $1.94 trillion and $1.96 trillion still holding. US Bitcoin ETFs recorded inflows of $265.2 million over two days but still showed net outflows of $261.3 million over the previous six trading sessions. Altcoin market cap, excluding Bitcoin, Ether and stablecoins, stands near $374.5 billion, remaining below the descending trendline resistance around $390 billion. The Federal Reserve maintained interest rates at 3.50%-3.75%, with three policymakers voting for an immediate increase, leaving the prospect of tighter monetary policy on the table.
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