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Will Bitcoin remain resilient at $78,000 as capital rotates to altcoins?

Will Bitcoin remain resilient at $78,000 as capital rotates to altcoins?

The broader cryptocurrency market sustains its risk-on sentiment, with Bitcoin (BTC) showing resilience near $78,000 on Tuesday. Arbitrum (ARB) records double-digit gains over the last 24 hours as the Robinhood app, built on Arbitrum Orbit, hits a record high in revenue collection, while Curve DAO (CRV) follows suit. 

Bitcoin shows strength near key support level

Bitcoin trades at $78,415 at press time on Tuesday, holding a clear bullish bias. The King crypto price holds above the 50-day Exponential Moving Average (EMA) near $70,050, the 100-day EMA around $69,088, and the 200-day EMA near $72,303, suggesting a firmly supported uptrend.

BTC price also holds above the 50% Fibonacci retracement level between the annual high of $97,924 and…

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