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Crypto Market Shows Resilience Post-Powell Speech, ETH ETF Inflows Slow Down
Gate News bot message, crypto markets demonstrated resilience on Wednesday, recording a 0.48% increase in total market capitalization to $4.11T despite Powell's speech indicating no immediate rate cuts. Bitcoin traded at $118,671 with a 0.43% gain, while Ethereum reached $3,866, advancing 1.39%.
ETH ETF inflows hit a 4-week low but maintained positive net flows. The Fear & Greed Index stood at 72, indicating "Greed" sentiment, while total liquidations reached $431M.