Crypto markets consolidate amid policy and liquidity risks

Cryptocurrency markets traded in a narrow range as Bitcoin hovered between $87,000 and $90,000 following a 25 basis point rate hike by the Bank of Japan. Ethereum remained above $3,000 during consolidation. Market participants tracked low liquidity risks and potential ETF outflows estimated at $3.4 billion, with sentiment sensitive to global policy developments.

Ethereum fell about 4% over the past 24 hours to trade near ₹272,000, reflecting profit-taking following recent highs. On a weekly basis the token was down around 13%, as broader altcoin demand softened. Bitcoin’s dominance increased as traders rotated out of riskier digital assets, while markets looked ahead to potential policy developments in the United States affecting crypto sentiment.