Cryptocurrency Market Experiences Rebound in Prices
The cryptocurrency market is experiencing a rebound in prices for major cryptocurrencies, including Bitcoin, Ethereum, and XRP. According to recent data, institutional investors are increasing their interest in these assets, with inflows into spot Exchange Traded Funds (ETFs) totaling nearly $258 million on Tuesday.
The price of Bitcoin has risen above $65,000, driven by improving risk-on sentiment and the influx of capital into ETFs. Ethereum and XRP are also showing signs of recovery, with prices hovering near resistance levels.