Bitcoin Tests Key Support as Cryptocurrency Prices Pull Back
Cryptocurrency prices declined on Thursday as Bitcoin ($BTC) retreated to test support near $78,000.
This move was followed by major altcoins, including Ethereum (ETH), which slipped toward $2,470, and XRP, which declined to approximately $1.37.
Despite the broad pullback, investor appetite for risk remains relatively strong, with the Crypto Fear & Greed Index rising to 70 from 66.
This suggests that sustained optimism could support another breakout, although macroeconomic and geopolitical risks may fuel near-term volatility.