Bitcoin Holds Steady as Investors Eye Inflation Data and Fed Speeches This Week
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Bitcoin holds near $37K as macro data returns to focus this week, including U.S. CPI and speeches by Federal Reserve officials.
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Funding rates are at highest levels since November 2021, indicating risky bullish sentiment that could trigger liquidations.
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Altcoins showing signs of life again with capital inflows returning after years of outflows.
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Grayscale Bitcoin Trust (GBTC) discount to net asset value now lowest since August 2021 at 10%.
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Crypto Fear & Greed Index at 72/100, indicating high greed sentiment that often precedes trend reversals.