Crypto Market Rally Loses Steam as BTC Slips Below $80,000

The crypto market rally is losing steam as Bitcoin (BTC) slips below $80,000 and Ethereum (ETH) and XRP hover around their current levels. Despite steady ETF inflows, which totaled $1.13 billion through Thursday, the reversal risks are growing for BTC.

BTC briefly traded above $81,000 but encountered resistance and has since fallen back to below $80,000. The market has shown little inclination to unwind the move, with pullbacks contained by ETF inflows remaining strong.

Ethereum (ETH) is trading around $2,500, while XRP is edging lower toward its short-term support at $1.40. Despite the ongoing correction, institutional interest in digital risk assets remains high, suggesting a possible regime shift from a bearish to a broader bullish trend.