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Bitcoin and Ethereum consolidate gains as XRP extends breakout

Bitcoin and Ethereum consolidate gains as XRP extends breakout

  • Bitcoin stabilizes near $86,000, backed by sustained institutional inflows.
  • Ethereum retains a broad bullish outlook above $2,700 despite a cooling rally.
  • XRP extends its rally and tags highs above $1.60, backed by returning ETF inflows.

Bitcoin (BTC) is moderating on Wednesday, trading near $86,000 as the crypto market broadly consolidates. Ethereum (ETH) mirrors BTC’s stable outlook, holding above $2,700. Ripple (XRP), meanwhile, edges higher for the sixth consecutive day, currently sitting above $1.61 as bulls tighten their grip.

The bullish outlook aligns with positive market sentiment, given the crypto Fear & Greed Index at 71, steady in the Greed territory on Wednesday, down slightly from 78 in the Extreme Greed region the day…

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