Bitcoin Holds Near $79,050 as XRP Extends Weekly Gains Amid ETF Inflows
Bitcoin's price held steady near $79,050 today, consolidating after briefly touching an intraday high of $81,257 earlier this week. The resistance at $81,250 is a key level to watch, according to analysts.
The broader market saw momentum across the top ten coins, with XRP leading daily gains and Solana and Dogecoin also posting strong moves. ETF inflows and a softer dollar continue to feed the advance.
According to Giottus CEO Vikram Subburaj, Bitcoin remains supported after briefly crossing $81,000 this week, thanks in part to US spot Bitcoin ETFs attracting roughly $2.26 billion between August 17 and 24.