Daily crypto update:

Bitcoin (BTC):

•Current Price: $46,000 - $46,200

•24-Hour Change: Slight increase in price with a more stable pattern emerging after recent volatility.

Key News:

Institutional interest remains strong, with many awaiting potential regulatory changes in the U.S.

Ethereum (ETH):

Current Price: $2,650 - $2,670

•24-Hour Change: Price remains steady, with minor fluctuations. Gas fees have been low and more stable lately.

•Key News: DeFi activity is picking up, while Ethereum developers continue to work on scaling solutions post-Shanghai upgrade.

Altcoins:

Solana (SOL):

Trending around $20.50 with slight gains, largely driven by increased network activity.

Cardano (ADA):

Around $0.26 with limited movement but maintaining a steady community-driven development.

Avalanche (AVAX):

Price fluctuates around $10.50, boosted by positive news in cross-chain developments.

Market Sentiment:

Overall crypto sentiment is cautious, with macroeconomic factors like inflation and potential interest rate hikes continuing to influence investor behavior. However, there's still optimism surrounding innovations and the long-term potential of blockchain technologies.

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