Bitcoin (BTC) extends its recovery on Wednesday, aiming for the $85,000 resistance. The rebound comes amid a return of institutional demand, with BTC spot Exchange-Traded Funds (ETFs) recording inflows of over $175 million on Tuesday, while easing US Treasury yields and a softer US Dollar (USD) also offer some relief to risk assets. 

Ripple (XRP) trades in a tight range on Wednesday, with key psychological support levels at $1.30 and $1.35, while a supply-heavy upside caps the token’s recovery potential toward $1.40. Major moving averages reinforce the resistance cluster, while momentum indicators struggle to regain strength, suggesting that recovery could be an uphill task.

Bitcoin (BTC) is staging a subtle recovery on Wednesday,…