Bitcoin, Ethereum, XRP, Dogecoin Trade Sideways Ahead Of FOMC Meeting

Bitcoin moved swiftly above $74,000 on Tuesday, buoyed by strong institutional demand and improving sentiment.

Notable Statistics:

• Coinglass data shows 110,029 traders were liquidated in the past 24 hours for $385.31 million.
• SoSoValue data shows net inflows of $201.6 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net inflows of $35.9 million.
• In the past 24 hours, top gainers include Kaspa, DeXe and MemeCore.

Notable Developments:

• Mastercard’s $1.8B Acquisition Targets Crypto Infrastructure
• Forget Bitcoin, This Crypto ETF Is Quietly Crushing The Market
• XRP Jumps 9% Weekly, Climbs To Fourth-Largest Crypto As Network Activity Surges
• Crypto Prediction Platform Polymarket Blocked In Argentina For Facilitating Unauthorized Betting: Report
• PayPal Expands Stablecoin Offering To 70 Countries Worldwide
• Strategy, BitMine Make Biggest 2026 Buys Before Fed Meeting?Is There More To It?
• Anthony Pompliano: Bitcoin’s Strong Because It’s Proving Itself As A ‘Borderless Asset’
• Michael Saylor’s New Product Means ‘Bitcoin Bottom Is In,’ Trader Says
• Bitcoin ETFs Hit 6 Straight Days Of Inflows: Why Is BTC Going Up Again?

Trader Notes: CryptosBatman warns that both macro and technical factors are aligning bearishly for Bitcoin. With the upcoming FOMC meeting, he expects potential downside as BTC approaches a strong resistance zone, increasing the likelihood of rejection.

Ted Pillows highlighted Bitcoin's tendency to trap traders with fake moves – false breakdowns during uptrends and fake breakouts during downtrends.

He pointed to a similar move in January 2026, when Bitcoin briefly broke above $94,000 before reversing, suggesting a possible scenario where BTC reclaims $76,000, rallies toward $80,000, and then reverses into a larger downtrend, a classic bull trap setup.

Timothy Peterson offered a more optimistic view based on historical seasonality. He noted that mid-March (around March 12?24) has often marked Bitcoin's annual low in previous cycles. If this pattern holds, the market could be near a local bottom, with a higher probability of upward movement in the coming weeks.

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