Crypto Today: Bitcoin, Ethereum and XRP set to extend rebound, attracting capital through ETFs

Nguồn Fxstreet
  • Bitcoin rises near $81,000, reinforcing a growing bullish outlook amid steady inflows into spot ETFs.
  • Ethereum ticks up toward $2,400, building on support from the 50-day and 100-day EMAs and institutional appetite.
  • XRP gains for the second consecutive day, aligning with strengthening momentum indicators.

Cryptocurrency prices are broadly rising on Tuesday, as observed with Bitcoin (BTC) steadying near $81,000 after reclaiming the pivotal $80,000 level as immediate support. Ethereum (ETH) is similarly in bullish hands, pushing into the $2,400 supply zone while Ripple (XRP) gains momentum above $1.41.

The broader bullish outlook follows improved market sentiment, which has led to increased inflows into digital investment products. Sentiment analysis holds at 50 in the fear territory, up from 40 the previous day, according to the crypto Fear & Greed Index.

A further increase in the index could boost investor confidence in risk assets, increasing the odds of sustained gains.

Crypto Fear & Greed Index | Source: Alternative

Crypto prices tick up as selling pressure eases amid ETF inflows

Bitcoin spot Exchange-Traded Funds (ETFs) experienced significant inflows totaling $532 million on Monday, down slightly from roughly $630 million on Friday. SoSoValue data shows that cumulative inflows stand at $59.25 billion, with net assets under management averaging $106.44 billion. The surge in capital flowing into BTC digital investment products reinforces the bullish outlook as prices increase and market sentiment improves.

Bitcoin ETF flows | Source: SoSoValue

Ethereum spot ETFs saw their second consecutive day of inflows at approximately $61 million on Monday and $101 million on Friday. Cumulative inflows now stand at $12.08 billion, with net assets under management at $13.97 billion.

Ethereum ETF flows | Source: SoSoValue

Meanwhile, inflows into XRP spot ETFs returned on Monday, totaling $3.87 million, following muted activity on Friday. Cumulative inflows now stand at $1.29 billion, with net assets under management at $1.07 billion.

XRP ETF flows | Source: SoSoValue

Technical outlook: Bitcoin encounters short-term resistance

Bitcoin trades at $80,851, maintaining a constructive bullish bias as it advances further above the 50-day and 100-day Exponential Moving Averages (EMAs), clustered around $74,688 and $ 75,987, respectively. The 200-day EMA at $82,147 now emerges as the next notable topside hurdle, while a firming Relative Strength Index (RSI) is near 68 on the daily chart.

Moreover, a positive Moving Average Convergence Divergence (MACD) reading, with a green histogram on the same chart, reinforces persistent upside momentum.

BTC/USDT daily chart

On the topside, immediate resistance lies at $81,000, followed closely by the 200-day EMA near $82,147. A clear daily close above these barriers would open the door to a stronger continuation of the uptrend. On the downside, initial support lies in the pivotal $78,000–$80,000 range, followed by the 100-day EMA around $75,987 and the 50-day EMA at $74,688 should a deeper pullback unfold.

Altcoins technical outlook: Ethereum and XRP exhibit recovery strength

Ethereum trades around $2,380, holding a slight bullish bias as price remains above the medium- and short-term moving averages. Still, the ETH upside is capped by the longer-term 200-day EMA near $2,549. The 100-day EMA around $2,345 and the 50-day EMA near $2,260 both sit below the spot and suggest a constructive underlying trend.

At the same time, the RSI, hovering at 59 on the daily chart, hints at firm but not overextended upside momentum. The MACD remains marginally negative but has been recovering, which reinforces the idea of improving sentiment rather than a fully established uptrend.

ETH/USDT daily chart

On the topside, the rich supply area at $2,400 and the 200-day EMA at $2,549 are the next key resistance. A daily close above both barriers would be needed to unlock a more decisive bullish phase. On the downside, initial support is seen at the 100-day EMA around $2,345, with the 50-day EMA near $2,260 providing a deeper cushion if sellers regain control.

XRP, on the other hand, trades near $1.41 aliging with the 50-day EMA in the same area. The remittance token remains well below the 100-day EMA at $1.51 and the 200-day EMA at $1.73, which keeps the broader tone capped despite this short-term footing.

Meanwhile, the RSI around 53 on the daily chart hints at mildly positive momentum, yet the MACD histogram stays slightly in negative territory, suggesting that upside attempts could still struggle against overhead trend resistance.

ETH/USDT daily chart

On the topside, initial resistance is seen around $1.45, ahead of the descending trendline reference near $1.50 and the 100-day EMA at $1.51, all of which form an important supply cluster that bulls would need to clear to improve the outlook. On the downside, immediate support is provided by the 50-day EMA at $1.41. A sustained break below this level would expose XRP to renewed selling pressure and further align it with the prevailing medium-term downtrend.

(The technical analysis of this story was written with the help of an AI tool.)

Crypto ETF FAQs

An Exchange-Traded Fund (ETF) is an investment vehicle or an index that tracks the price of an underlying asset. ETFs can not only track a single asset, but a group of assets and sectors. For example, a Bitcoin ETF tracks Bitcoin’s price. ETF is a tool used by investors to gain exposure to a certain asset.

Yes. The first Bitcoin futures ETF in the US was approved by the US Securities & Exchange Commission in October 2021. A total of seven Bitcoin futures ETFs have been approved, with more than 20 still waiting for the regulator’s permission. The SEC says that the cryptocurrency industry is new and subject to manipulation, which is why it has been delaying crypto-related futures ETFs for the last few years.

Yes. The SEC approved in January 2024 the listing and trading of several Bitcoin spot Exchange-Traded Funds, opening the door to institutional capital and mainstream investors to trade the main crypto currency. The decision was hailed by the industry as a game changer.

The main advantage of crypto ETFs is the possibility of gaining exposure to a cryptocurrency without ownership, reducing the risk and cost of holding the asset. Other pros are a lower learning curve and higher security for investors since ETFs take charge of securing the underlying asset holdings. As for the main drawbacks, the main one is that as an investor you can’t have direct ownership of the asset, or, as they say in crypto, “not your keys, not your coins.” Other disadvantages are higher costs associated with holding crypto since ETFs charge fees for active management. Finally, even though investing in ETFs reduces the risk of holding an asset, price swings in the underlying cryptocurrency are likely to be reflected in the investment vehicle too.

Tuyên bố miễn trừ trách nhiệm: Chỉ dành cho mục đích thông tin. Hiệu suất trong quá khứ không đảm bảo cho kết quả trong tương lai.
placeholder
Forex hôm nay: Đồng đô la Mỹ tiếp tục điều chỉnh khi xung đột Mỹ-Iran vẫn là tâm điểmDưới đây là những điều bạn cần biết vào thứ Sáu, ngày 10 tháng 7
Tác giả  FXStreet
8 giờ trước
Dưới đây là những điều bạn cần biết vào thứ Sáu, ngày 10 tháng 7
placeholder
Yên Nhật tăng giá so với USD yếu hơn giữa rủi ro can thiệp đang đến gầnCặp USD/JPY gặp nguồn cung lớn trong phiên giao dịch châu Á vào thứ Sáu và suy yếu dưới mốc 162,00 khi các nhà giao dịch vẫn cảnh giác cao độ trước kỳ vọng về khả năng can thiệp của chính phủ để hỗ trợ đồng Yên Nhật (JPY)
Tác giả  FXStreet
15 giờ trước
Cặp USD/JPY gặp nguồn cung lớn trong phiên giao dịch châu Á vào thứ Sáu và suy yếu dưới mốc 162,00 khi các nhà giao dịch vẫn cảnh giác cao độ trước kỳ vọng về khả năng can thiệp của chính phủ để hỗ trợ đồng Yên Nhật (JPY)
placeholder
Forex hôm nay: Thị trường bỏ qua căng thẳng leo thang ở Trung ĐôngDưới đây là những điều bạn cần biết vào thứ Năm, ngày 9 tháng 7
Tác giả  FXStreet
Hôm qua 09: 07
Dưới đây là những điều bạn cần biết vào thứ Năm, ngày 9 tháng 7
placeholder
WTI giữ trên mức 74,00$, gần mức đỉnh hai tuần khi phe bán do dự trước rủi ro Mỹ-Iran/HormuzWest Texas Intermediate (WTI) – giá dầu thô chuẩn của Mỹ – giảm nhẹ trong phiên giao dịch châu Á vào thứ Năm và rời khỏi mức cao nhất trong hai tuần, khoảng vùng 75,75$ đã chạm vào ngày trước đó
Tác giả  FXStreet
Hôm qua 02: 48
West Texas Intermediate (WTI) – giá dầu thô chuẩn của Mỹ – giảm nhẹ trong phiên giao dịch châu Á vào thứ Năm và rời khỏi mức cao nhất trong hai tuần, khoảng vùng 75,75$ đã chạm vào ngày trước đó
placeholder
Tổng thống Mỹ Trump: Tôi nghĩ Bản Ghi nhớ với Iran đã kết thúcTổng thống Hoa Kỳ (Mỹ) Donald Trump cho biết trong giờ giao dịch châu Âu vào thứ Tư rằng bản ghi nhớ ghi nhớ (MoU) với Iran, nhằm chấm dứt chiến tranh ở Trung Đông, đã kết thúc
Tác giả  FXStreet
7 tháng 08 ngày Thứ Tư
Tổng thống Hoa Kỳ (Mỹ) Donald Trump cho biết trong giờ giao dịch châu Âu vào thứ Tư rằng bản ghi nhớ ghi nhớ (MoU) với Iran, nhằm chấm dứt chiến tranh ở Trung Đông, đã kết thúc
goTop
quote