Bitcoin (BTC) slipped below $90,000 on Sunday, trading around $89,600 with limited investor risk appetite. Ether (ETH) held near $3,104, down on the day but up over the week. Altcoins like Solana, XRP, dogecoin, and ADA saw double-digit losses. The CoinDesk 20 Index dropped nearly 1%.

The total crypto market cap was nearly $3.15 trillion, down 0.8% in 24 hours with thin Sunday liquidity. Bitcoin dominance stood at 57%. Analysts warn of potential lower consolidation if key levels fail. $86,000 is a crucial support level to watch to avoid a deeper pullback.

Market activity is subdued ahead of a busy economic calendar. U.S. data includes employment indicators, inflation, and Fed speeches. Japan’s BOJ is expected to raise rates to 0.75% after inflation remained above 2%. Yen-funded carry trades could be impacted, affecting global risk assets, including cryptocurrencies.

Crypto markets remain range-bound with low volumes and uncertainty. Traders await clearer signals from upcoming U.S. data and central bank decisions for direction.

Read more at Yahoo Finance: Bitcoin Drops Below $90K Amid Fading Risk Appetite Ahead of Key Macro Events