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Crypto Market Update: A Week of Market Movements, Institutional Adoption, and Political Shifts
A Mixed Week for Cryptocurrency Prices and Market Sentiment
This past week demonstrated a largely stagnant movement in the cryptocurrency market, with no significant price shifts despite ongoing developments. Bitcoin, the leading crypto asset, remained relatively flat around its recent levels, with a market cap hovering near $61,000. The Fear and Greed Index, a sentiment indicator, cooled off from 68 to 53, reflecting a slight decrease in investor optimism.