Standard Newsroom Style (CoinDesk/Bloomberg Tone)
Crypto markets steadied Tuesday after Monday’s sharp rally, with bitcoin holding near $114,500 and ether drifting lower to $4,120.
Traders turned cautious ahead of Wednesday’s Federal Reserve policy decision, which is widely expected to deliver a 25-basis-point rate cut. Any deviation from that could fuel a stronger dollar and weigh on risk assets.
Optimism around a potential U.S.-China trade agreement also underpinned sentiment, boosting equities and helping bitcoin maintain recent gains.
Altcoins traded mixed, with several tokens retracing earlier advances. Hedera’s HBAR led the outperformers, climbing in double digits, while Bittensor’s TAO also gained amid renewed ETF and ecosystem developments.
