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Bitcoin Falls Below $80,000 as Cautious Sentiment Dominates Markets

From fxleaders.com

Among altcoins, the picture was mixed. Dogecoin led gains with a 2.7% rebound, while Solana was the day’s worst performer, dropping 4%. XRP, Cardano, and Chainlink traded with more limited moves. Meanwhile, the Fear & Greed Index fell to 42 points, returning to “fear” territory, while spot Bitcoin ETFs recorded net outflows of $233 million on Tuesday, reflecting a more cautious stance from institutional investors in the short term. In this context, the $80,000–$81,000 region remains an important support zone for Bitcoin, while a more sustained recovery will likely depend on renewed institutional inflows and a more ... (full story)

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  • Category: Fundamental Analysis