Live updates: Ether leads crypto higher as bitcoin trades around $65,500
Cryptocurrency markets are seeing upward momentum, led by Ether, while Bitcoin remains stable around $65,500. Market participants are closely watching upcoming U.S. economic data and corporate earnings reports from major tech firms to gauge future liquidity trends.
Why it matters
Macroeconomic indicators and tech sector performance are increasingly influencing crypto market volatility and investor sentiment.
Oil has retreated from last week's highs after another pause in U.S.-Iran hostilities. The 10-year Treasury yield, approaching 4.7%, is doing part of the Fed's tightening work on its own. And the Fed may want to keep its options open ahead of this week's PCE inflation and second-quarter GDP data.
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