Wintermute has reported a consolidation in the cryptocurrency market, with a notable shift of funds towards Bitcoin (BTC) and Ethereum (ETH). Bitcoin has rebounded to approximately $92,000 following $2 billion in liquidations last week.
Market volatility remains elevated, prompting investors to prefer delta-neutral and carry strategies over directional bets on altcoins. This cautious approach comes as market participants await further signals from the Federal Reserve and broader macroeconomic indicators.
Crypto Market Consolidates as Funds Shift to Bitcoin and Ethereum
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