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Crypto

Crypto Prices Correct as BTC Retreats Towards $79,000 Amid Macro Headwinds

Guavy AI Editorial Team
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BTC ETH XRP
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Cryptocurrency prices are under correction following failed attempts to break through key resistance levels. Bitcoin (BTC) is retreating towards $79,000 as it faces ongoing profit-taking and macroeconomic headwinds.

The largest smart contract token Ethereum (ETH) holds below $2,500 while Ripple (XRP) tests support at $1.40. Despite the bearish bias, market sentiment remains strong with the Fear & Greed Index holding at 71 in the Greed territory.

Crypto ETFs continue to attract inflows, with Bitcoin spot Exchange-Traded Funds seeing an average of $987 million last week through Friday, and Ethereum spot ETFs recording their third straight week of inflows totaling $218 million.

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