Bitcoin (BTC) sustains above $63,000 at press time on Tuesday, upholding a streak of six consecutive days of gains despite Strategy selling 3,588 BTC on Monday. The broader crypto market sentiment holds while DeFi tokens such as DeXe (DEXE) and LayerZero (ZRO) emerge as top gainers over the last 24 hours. 

CoinMarketCap’s Fear and Greed Index remains at 29 on Tuesday, up from last week’s “Extreme Fear” zone, indicating an easing in selling pressure. 

Bitcoin risks reversing its short-term recovery

Bitcoin edges lower on Tuesday, risking its near-term recovery tone. The King Crypto approaches the 50-day Exponential Moving Average (EMA) at $65,707, which is below the 200-day EMA near…