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Crypto

Crypto Market Remains Elevated as Bitcoin Surpasses $85,000

Guavy AI Editorial Team
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BTC ETH XRP
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The cryptocurrency market remains elevated, with Bitcoin (BTC) trading around $85,798 and nearly 49% above its year low of $57,756. Ethereum (ETH) and Ripple (XRP) also trade within a robust bullish outlook above $2,700 and $1.51, respectively.

The crypto Fear & Greed Index edged higher to 78 on Monday, up from 70 the previous day and 66 the day before. This setup reinforces the bullish outlook, as market sentiment strengthens.

Institutional interest in Bitcoin extended on Monday, with spot Exchange-Traded Funds (ETFs) recording $999 million in inflows, up from $433 million last Friday. Cumulative inflows currently stand at approximately $56 billion.

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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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