Bitcoin Builds Momentum for Next Leg Up as Ethereum Eyes Breakout
Bitcoin has continued its bullish trend, trading above $79,000 after retaining a strong outlook since last week. The Crypto King is building momentum for another breakout attempt to reclaim $80,000 and push beyond the supply zone at $82,500.
Ethereum holds above $2,400 while building momentum for a potential breakout past $2,600. Ripple is defending its $1.40 support but faces capped upside, with supply building between $1.50 and $1.70.
Bitcoin spot Exchange-Traded Funds (ETFs) have extended their bullish streak, with inflows averaging $314 million on Tuesday. Ethereum remains largely in bullish hands, supported by steady spot ETF inflows.