Crypto Market Rally Loses Steam Amid Strong Weekly ETF Inflows
The crypto market rally is losing steam as Bitcoin, Ethereum, and XRP prices decline despite strong weekly ETF inflows.
Bitcoin has fallen below $80,000 after a second attempt to break resistance between $81,000 and $82,000 failed. The price of Bitcoin is now at risk of an extended correction in search of liquidity.
Ethereum and XRP are also experiencing a cooling trend, with Ethereum sliding to $2,500 and XRP falling towards its short-term support at $1.40.