Macro suppression vs. fundamental improvement, crypto market stirs amid volatility



In 2026, the crypto market continues to face pressure, with Bitcoin retracing over 45% from its peak, and Ethereum ETF experiencing four consecutive weeks of net outflows. Standard Chartered Bank also downgraded the year-end target prices for major cryptocurrencies such as Bitcoin, Ethereum, Solana, and XRP, reflecting institutional caution about short-term trends. However, on the other hand, Ethereum network weekly transaction volume hit a record high of 17.3 million transactions, and transaction fees dropped to $0.008, indicating genuine demand is building. The market may be seeking a new equilibrium amid the turbulence.
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