Cryptocurrency prices retreated during U.S. trading hours on Tuesday, with Bitcoin pulling back from an early attempt to reach $95,000. Bitcoin is now trading just above $92,000, down 1.3% over the past 24 hours. XRP, which led a rally on Monday, fell over 2% in the last two hours, while Solana, initially boosted by Morgan Stanley's spot ETF offering, also declined.
Despite the crypto pullback, U.S. stocks saw modest gains, with the Nasdaq up 0.4% and the S&P 500 rising 0.3%. Meanwhile, metals surged, with gold climbing 1% to over $4,500 per ounce and silver jumping 5% to above $80 per ounce. Bitcoin ETFs experienced significant inflows of $697 million on Monday, indicating renewed institutional interest.
Traders are cautiously optimistic about Bitcoin and Ether, with options markets reflecting a focus on upside potential. Analysts suggest Bitcoin is increasingly viewed as a geopolitical hedge, with its price action less tied to inflation and more to strategic positioning. Bitcoin's recovery from a 6% loss in 2025 suggests a potentially strong year ahead for digital assets.
Crypto Prices Dip as Bitcoin Retreats from $95,000 Mark
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