Bitcoin and Ethereum: Five Key Steps for Investors to Navigate the Next Phase

NewsVoir 

Mumbai (Maharashtra) [India], October 3: Bitcoin and Ethereum have entered October with a broadly stable market structure, but neither has confirmed a decisive breakout. Bitcoin traded between approximately USD83,020 and USD83,775 during the period before settling near USD83,461. Ethereum performed slightly better, rising from around USD2,658 to USD2,689.

The market is not displaying widespread fear, but investors remain selective because interest rates and US Treasury yields are still elevated. Here is a five-step guide to understanding what may happen next.

Watching whether global liquidity improves

The wider macroeconomic environment provides an important backdrop to recent crypto-market movements. Softer US inflation, weaker job openings and lower consumer confidence have reduced expectations of an immediate Federal Reserve rate increase, while China’s manufacturing PMI has returned to expansion, pointing to an improvement in economic activity.

Market analysts generally associate easing rate expectations with better liquidity conditions for risk-sensitive assets, including Bitcoin and Ethereum. However, the US 10-year Treasury yield remains above 5.3%, keeping financial conditions restrictive and increasing competition from interest-bearing assets.