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With official U.S. data still suspended amid the ongoing government shutdown, investors relied on sentiment surveys and central bank signals to gauge direction. Despite the uncertainty, crypto markets steadied, supported by firm ETF inflows and renewed institutional participation.
Bitcoin pushes above US$117K as the Fed’s rate cut steadied risk appetite, with ETFs adding nearly US$600M in weekly inflows. Ethereum held its range, Solana extended gains, while altcoins diverged and global macro signals remained in focus.
US Fed signals macro easing. Bitcoin remains rangebound as Ethereum hits record high on rising institutional demand.
Crypto markets hit new milestones this week, with Bitcoin surging to US$124,474 and total market cap breaking above US$4T for the first time.
Sector momentum met macro caution last week, with Ethereum hitting its highest-ever on-chain activity as Bitcoin broke out of a tight range.
Bitcoin hits fresh high of US$122K as traders eye ‘Crypto Week’, CPI data, and central bank signals.
BTC Markets Pty Ltd ACN 164 093 887 is an authorised representative (AR No. 1297122) of BTCM Payments Limited ACN 643 241 829 (AFSL No. 525840)
©2026 BTC Markets Pty Ltd. All rights reserved.