Renewed Crypto Interest Boosts Prices for Major Assets

The cryptocurrency market has experienced renewed retail and institutional interest in recent days, leading to gains in major assets such as Bitcoin, Ethereum, and XRP.

Bitcoin has adjusted to trade above $73,000 after reaching a monthly high of $74,450. Ethereum has risen for the eighth consecutive day, with over 3% growth, while XRP extends its recovery with support at $1.46.

The Fear & Greed Index signals a moderate level of fear, indicating improving sentiment despite ongoing global events. Retail traders appear to be making a steady comeback into the market, as seen in Bitcoin futures Open Interest (OI) rising to $47.91 billion on Monday.