CoinEx Daily: Crypto Market Turns Neutral as Altcoin Rally Fades and U.S. Court Decision Looms

Daily View

Bitcoin faces renewed market uncertainty as the crypto fear index edges up to 49, indicating a 'neutral' stance. Macro headlines are dominated by a U.S. court allowing Cook to vote in the upcoming FOMC meeting and speculation over a potential Federal Reserve rate cut in September. Meanwhile, the total crypto market cap has dropped below 4 trillion USD, raising concerns that the recent altcoin rally may be short-lived.