News: Bitcoin and the broader crypto market are experiencing a downturn today, influenced by negative macroeconomic signals including potential continued Fed rate hikes and broader market losses on Wall Street. The Fitch downgrade of U.S. banks adds to the risk-off sentiment. On the positive side, Coinbase's approval to offer crypto futures trading in the U.S. is a significant regulatory development that could boost institutional interest and liquidity. The established success of Canadian spot Bitcoin ETFs also provides a positive precedent for potential U.S. approvals, hinting at long-term institutional adoption.

Market Probabilities: 
Bull 40% | Base 40% | Bear 20%

Recommendations: 
Short-term: HOLD
Long-term: BUY
{"sentiment": "neutral", "price_direction": "up", "impact_strength": "medium", "timeframe": "medium_term", "confidence": 0.5, "key_reason": "The influx of institutional ETF applications, particularly from major players like BlackRock, signif"}