Last week, the cryptocurrency market experienced significant fluctuations, with Bitcoin attempting to break past $69,500 but ultimately pulling back. However, institutional interest in Bitcoin remained strong, with Bitcoin spot ETF net inflows reaching $997.7 million for the third consecutive week. Bitcoin's dominance in the market also increased to 59.75%, indicating greater market confidence. Ethereum struggled against Bitcoin during the week. Tether stablecoin faced turbulence due to news of a US government investigation, causing a temporary drop in its value. Geopolitical developments and uncertainty surrounding Tether contributed to selling pressure in both traditional and digital markets. Nonfarm payrolls data next week could provide insights into the Federal Reserve's policy direction.



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