News: Bitcoin and other cryptocurrencies saw a modest rise today, largely driven by Federal Reserve Chair Jerome Powell's hints at a slower pace of interest rate hikes. This macroeconomic signal provided a boost to risk assets, including crypto. However, negative sentiment persists due to ongoing fallout from the FTX collapse, with Sam Bankman-Fried's interview and the ECB's bearish outlook contributing to market caution. Regulatory discussions are also active, with the CFTC calling for more authority and Manitoba imposing a moratorium on crypto mining.

Market Probabilities: 
Bull 45% | Base 35% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
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