Market pulse

Crypto trading was broadly lower, with losses spread across the market rather than confined to a few large assets. Eighty-four of 100 tracked assets fell, and the median 24-hour decline was 3.3%. DOS and GTC were notable exceptions, rising 93% and 55%, respectively, but those gains did little to offset the wider weakness.

Bitcoin slipped about 1% over 24 hours to roughly $82,900 and was down 3.3% over the week, though it remained above its 50-day average. Futures positioning was mixed: open interest, the total value of outstanding contracts, edged up 0.5%, while the long-to-short ratio showed more long positions than shorts. Slightly heavier market selling and near-neutral funding offer little confirmation of a decisive directional bet.

The US CPI report on Wednesday is a possible near-term catalyst for risk appetite. Bitcoin’s modest daily decline contrasts with the steeper market-wide losses, but continued weakness across other assets would keep breadth in focus. A small group of gainers does not yet point to a broad recovery.