Traders monitor support and resistance levels amid expectations of a potential Federal Reserve rate cut, while Ethereum faces short-term pressure and ETF flows show mixed signals.
Bitcoin traded near $111,631 as investors awaited the US non-farm payroll report, with analysts emphasizing key support and resistance levels and the possibility of a Federal Reserve rate cut. Ethereum experienced short-term downward pressure, while other market stories included the rise of CARDS and controversy around the World Liberty Financial project. ETF data reflected a mixed performance across Bitcoin and Ethereum products.