Bitcoin Consolidates as Ethereum and XRP Extend Recovery Amid ETF Flows
Crypto markets are in a mixed state, with Bitcoin narrowly consolidating around $86,000, while Ethereum and XRP extend their recovery.
The largest cryptocurrency by market capitalization, Bitcoin, is holding in a broader range, with support at $85,000 and resistance at $88,000.
On the other hand, altcoins such as Ethereum and XRP are showing a positive outlook, with Ethereum edging higher above $2,700 and XRP steadying above $1.52.
The Fear & Greed Index, which measures market sentiment, remains in Greed territory at 70, indicating a positive risk appetite in the crypto market.