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Bitcoin holds steady near $77,800 amid cautious crypto market on macro uncertainty.

Market News
21 May 2026
The Currency Analytics
View Source
Neutral
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Bitcoin trades around $77,801 with a modest 0.78% gain, while Ethereum remains near $2,134, reflecting a cautious crypto market influenced by macroeconomic factors like the dollar index, Treasury yields, and Federal Reserve policy expectations. The total crypto market cap is $2.68 trillion, with Bitcoin dominance at 58.2%, indicating investor preference for the largest asset amid uncertainty. Market participants are waiting for clearer signals on Fed easing and economic data before making strong moves, resulting in moderate volume and selective interest in utility-focused tokens. This cautious stance suggests crypto is consolidating rather than rallying, with potential downside if yields rise further.

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