Bitcoin Leads Early Crypto Recovery as Altcoins Attract Fresh Fund Flows Ahead of FOMC Meeting

According to The Block, BRN Research Director Timothy Misir notes that inflows into the U.S. cryptocurrency ETF reflect selective positioning rather than broad risk appetite. Bitcoin remains underperforming, while altcoins are drawing fresh fund interest amid a shifting allocation landscape.

Analysts say early indicators of recovery appear as active addresses stabilize and transfer volumes rise, yet the market has not achieved a healthy level. This nuance underscores cautious optimism rather than a full rebound.

The week is characterized as macro binary, with traders awaiting the FOMC outcome. Expectations for rate cuts gain traction on soft ADP data and slipping consumer confidence, while household pessimism and high consumer credit complicate the demand outlook.