End of Day!

As of the end of the day, the cryptocurrency market was generally horizontal. Although Bitcoin (BTC) showed slight fluctuations during the day, no significant price movement was observed. Altcoins, on the other hand, had lower volatility and a clear search for direction compared to Bitcoin.
Nasdaq Effect: The mixed course seen in technology stocks on Nasdaq today did not directly affect the cryptocurrency market. Although a correlation has been observed between cryptocurrencies, especially Bitcoin, and Nasdaq recently, it can be said that this effect is limited in today's market dynamics. However, in general, a positive atmosphere on Nasdaq can also be supportive of crypto markets, while a negative course can reduce risk appetite and put pressure on crypto.
SEC Effect: The US Securities and Exchange Commission's (SEC) stance on cryptocurrency regulations continues to be a significant source of uncertainty for the markets. In particular, its decisions on spot Bitcoin ETFs and other crypto projects are being closely monitored. There was no significant statement from the SEC today that would directly affect the markets. However, in general, the SEC's regulatory actions and possible sanctions can significantly affect market sentiment. While clearer and more supportive regulations can create a positive atmosphere in the market, tightening or uncertain statements can cause selling pressure. General Assessment: The cryptocurrency market is currently under the influence of various factors such as macroeconomic developments, regulatory news, and institutional investor movements. Despite the sideways trend in Bitcoin, the general uncertainty and risk appetite in the market may be causing a more cautious stance in altcoins. The performance of Nasdaq and news from the SEC in the coming days will continue to determine the direction of the market. It is important for investors to follow these developments closely. #Can BTC Break $110K?#