News: Cryptocurrency markets are subdued as traders await the Federal Reserve's interest rate decision on Wednesday. The CME FedWatch tool indicates a 100% probability of rates being held steady. Overall crypto market capitalization has decreased by 0.47% to $2.59 trillion, with a 24-hour trading volume increase of 37% to $132 billion. Bitcoin is trading 0.08% higher at $78,117.82, currently 38% below its all-time high. Bitcoin Spot ETF inflows were $14 million on Friday, down from previous days. Ethereum dropped 0.94% to $2,324.55, with Ethereum Spot ETF inflows of $23 million. XRP, BNB, and Solana all experienced overnight declines. Bitcoin's market dominance is now 60.11%, while Ethereum's share is 10.76%.
AI Analysis: The market's cautious behavior suggests investors are adopting a 'wait-and-see' approach ahead of the FOMC announcement. The relatively balanced liquidation data indicates no widespread panic selling, but the decreased ETF inflows for Bitcoin could signal waning investor enthusiasm in the short term.
