Crypto Markets Consolidate Amid Geopolitical Tensions
Crypto markets are consolidating after a recent uptrend stalled due to renewed geopolitical tensions in the Middle East. Bitcoin (BTC) is hovering above $78,000 support as bulls struggle to extend gains.
Ethereum (ETH) and Ripple (XRP) are mirroring Bitcoin's neutral-to-bullish outlook, trading above key support levels at $2,400 and $1.35, respectively. Despite this, their upside momentum is becoming more measured.
Appetite for risk assets remains elevated, with the Fear & Greed Index holding at 69 on Tuesday. This suggests investor greed against the backdrop of last month's fear.