The cryptocurrency market experienced little movement this week, particularly after the highly anticipated space between Elon Musk and Donald Trump, where crypto was notably absent from discussion.
Market expectations have shifted following a recent downturn, with predictions that the Federal Reserve will begin rate cuts in September amid ongoing inflationary pressures.
U.S.-listed spot Ether ETFs saw a surge in net inflows, led by Fidelity's FETH, indicating positive investor sentiment towards digital assets despite a stable crypto market.
With the upcoming U.S. FOMC meeting, analysts are closely watching economic indicators, as the Fed navigates between fostering credit growth and controlling inflation.
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