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Crypto

Crypto Market Consolidates Gains as Bitcoin, Ethereum Hold Steady

Guavy AI Editorial Team
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BTC ETH XRP
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The cryptocurrency market is consolidating its gains as Bitcoin and Ethereum hold steady near their recent highs. Bitcoin (BTC) stabilized at around $86,000, with sustained institutional inflows supporting the price. Ethereum (ETH), meanwhile, retains a broad bullish outlook above $2,700 despite a cooling rally.

Ripple (XRP) continues its breakout, extending its advance to tag highs above $1.60. The crypto Fear & Greed Index remains in the Greed territory at 71, indicating elevated risk appetite and potential demand for risk assets.

Institutional demand for Bitcoin and Ethereum spot Exchange-Traded Funds (ETFs) eased slightly, with inflows coming in at $715 million and $162 million respectively. Cumulative inflows hold near $57 billion and approaching $14 billion, respectively.

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