(HedgeCo.Net) In the latest market session, the crypto sector turned decidedly bearish, with Bitcoin slipping below $113,000 amid growing speculation about U.S. rate cuts and mixed macroeconomic signals. Cryptonews
Although many expected dovish cues from the Federal Reserve (especially after inflation showed signs of cooling), the responses have so far failed to ignite sustained buying in the crypto markets. Bitcoin’s dip under $113K is a notable resistance break. Meanwhile, many altcoins are also under pressure — sectors like AI?tokens have seen more resilience, but not enough to offset broader losses. Cryptonews
Part of the weakness appears to come from profit taking following recent gains, as well as concerns about upcoming interest rate decisions. Investors seem wary of over?exposure ahead of potential tightening or continued uncertain economic data. Cryptonews
Another factor: regulatory and enforcement news remains top of mind. With major seizures and legal actions (such as the U.S. unveiling of large scale fraud enforcement) dominating headlines, the tailwinds are less clear for speculative upside right now. Business Insider+1
Outlook:
- Key levels to watch: should Bitcoin fail to hold support around $110,000 to $112,000, deeper short?term correction seems plausible.
- If rate cut expectations firm up, particularly from the Fed, that could provide relief — but many analysts caution that economic data remains mixed, so expectations may be premature.
- Altcoins tied to AI, blockchain infrastructure and stablecoins may outperform in the short term, especially if institutional investors seek lower?risk exposures.