Crypto Today: Bitcoin, Ethereum and XRP set to extend rebound, attracting capital through ETFs
Bitcoin, Ethereum, and XRP prices are rising on Tuesday, with Bitcoin nearing $81,000 and Ethereum pushing toward $2,400, amid steady inflows into spot ETFs. The cumulative inflows into Bitcoin spot ETFs stand at $59.25 billion, with Ethereum and XRP ETFs also seeing significant inflows.
Cryptocurrency prices are rising on Tuesday, with Bitcoin steadying near $81,000 after reclaiming the $80,000 level as immediate support. Ethereum is pushing into the $2,400 supply zone, while XRP gains momentum above $1.41. Bitcoin spot ETFs experienced significant inflows totaling $532 million on Monday, with cumulative inflows standing at $59.25 billion. Ethereum spot ETFs saw their second consecutive day of inflows, with $61 million on Monday and $101 million on Friday. The inflows into these digital investment products reinforce the bullish outlook as prices increase and market sentiment improves. Bitcoin trades at $80,851, maintaining a constructive bullish bias above the 50-day and 100-day EMAs.
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