Crypto Market Recovers as Bitcoin Stabilises Above $100K, ETFs See Mixed Picture
- Bitcoin has stabilised above US$100k, with most major cryptocurrencies including XRP, Solana and Ethereum recording daily gains exceeding 5%.
- The Fear and Greed Index moved to 27, indicating market caution, and analysts suggest the rally can continue if it remains driven by institutional accumulation rather than retail euphoria.
- Some US spot Bitcoin and Ethereum ETFs have reversed recent outflows, while BlackRock funds continue with large outflows.
The crypto market seems to have turned around for now, with Bitcoin stabilising over US$100k (AU$153.5k). Most major cryptocurrencies are in the green, with XRP, Solana and Ethereum all making gains above 5% on the daily chart. BTC, meanwhile, gained 2.2%, trading…
