Bitcoin, Ethereum, and Ripple Rally Amid Elevated Risk Appetite

Cryptocurrency prices are broadly recovering on Friday, led by Bitcoin moving above $86,000.

Ethereum has reaffirmed its bullish outlook, rising above $2,700 while the immediate area at $2,800 caps upside.

Ripple hovers near $1.54, as bulls tighten their grip for a breakout toward September highs of $1.66.

Institutional demand remains the foundation of the move, with spot Bitcoin ETF flows still positive, although less aggressive than earlier in the quarter.

Risk appetite remains elevated, with the crypto Fear & Greed Index holding at 72 in the Greed territory on Friday, down only marginally from 74 the day before.