Bitcoin Dropped Below $90,000, Market Attention Turned to Data Set

Bitcoin Value Declined

Bitcoin fell below $90,000 last Sunday amid low liquidity. This situation is seen as an indication of reduced risk appetite among investors.

Ethereum Shows Strength

On the other hand, Ethereum stood out by demonstrating relative strength. However, most major altcoins continue to lag behind Bitcoin and Ethereum.

Market Preparations

Traders are positioning themselves ahead of a busy economic data calendar and central bank events in the United States. Significant macroeconomic data to be released this week has the potential to impact market dynamics.