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Crypto

Crypto Market Recovers Slightly as BTC Reaches $78,000

Guavy AI Editorial Team
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BTC ETH XRP
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The cryptocurrency market showed signs of subtle recovery on Thursday, led by Bitcoin's (BTC) rise to near $78,000. Ethereum and XRP also trended higher, with prices at $2,400 and $1.37, respectively.

Market sentiment remains relatively elevated, reflected in the Fear & Greed Index, which rose to 65 on Thursday from 63 the previous day. The index is now in the Greed territory.

BTC saw inflows of $101 million into its spot Exchange-Traded Funds (ETFs) on Wednesday, after outflows totaling $236 million recorded on Tuesday. Ethereum and XRP spot ETFs, however, experienced outflows of $48 million and $7 billion respectively on Wednesday.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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