From Nasdaq Inc.:

Major cryptocurrencies are seeing mixed trading with Bitcoin and Ethereum sliding but Dogecoin gaining. The momentum has stalled for Bitcoin, dropping 10% from its recent high near $49,000 following the launch of 11 ETFs last week. A federal judge questioned Coinbase and the SEC in a legal battle over digital asset classification. The global crypto market cap increased 1.04%. The S&P 500 and Nasdaq Composite fell over 0.50% as 10-year Treasury yield rose to 4.102% on strong retail sales data, curbing rate cut expectations. Analysts expect Bitcoin to consolidate around $39-41K support and $46K resistance before a possible surge to $300,000. Altcoins like Ethereum, ENS, and T are gaining ground, while ENJ, BAT, and APE have fallen, creating market polarity after the recent big news.



Read more: Bitcoin, Ethereum, Dogecoin Trade Mixed As Early Spot ETF Flows Fail To Meet Market Expectations: Analyst Predicts Pre-Halving Rally Before King Crypto Skyrockets To $300K