CryptMarket Analysis — 5-9-12
Bitcoin remains steady around $111,000 as traders eye upcoming U.S. jobs data and options expiries for market direction. The crypto derivatives market saw $250 million in liquidations over the past 24 hours, indicating some nervous repositioning despite relatively low volatility, with altcoins such as Solana and Ethereum continuing to outperform bitcoin in spot and derivatives trading. Institutional flows into Dogecoin signal growing risk appetite, though short-term sentiment remains cautious ahead of key macroeconomic releases. Investors are seeking protection in hard assets as a potential Fed policy shift is weighed in, and market participants expect increased volatility and upside potential for select assets, especially Ethereum and Solana, through September.