Bitcoin, Ethereum, XRP Hold Key Support as Institutional Demand Returns

Bitcoin, Ethereum, and XRP are holding crucial support levels as exchange-traded fund (ETF) inflows return to the market. The past three days have seen $200 million in net inflows into Bitcoin ETFs, according to data from Farside Investors, signaling renewed institutional interest in digital assets.

Key technical indicators suggest that selling pressure is easing for these top cryptocurrencies. Bitcoin's relative strength index (RSI) has moved from oversold territory to a neutral zone, while Ethereum's RSI is also recovering.

The return of ETF inflows indicates that professional money managers are increasing exposure to digital assets, providing a floor under the market. However, markets remain susceptible to macroeconomic factors such as inflation data and central bank policy decisions.