Bitcoin Reclaims $80,000 as ETH, XRP, DOGE Hold Steady Ahead of FOMC Wednesday
Bitcoin rebounded above $80,000 Tuesday after briefly slipping below the key support level, as investors CryptocurrencyTickerPriceBitcoin$80,474Ethereum$2,342Solana$100.97XRP$1.32Dogecoin$0.07824Shiba Inu$0.054876Notable Statistics:Coinglass data shows 63,835 traders were liquidated in the past 24 hours for $133.56 million. SoSoValue data shows net inflows of $110.3 million from spot Bitcoin ETFs on Monday. Spot Ethereum ETFs saw net outflows of $88.6 million.In the past 24 hours, top gainers include Bitway, MemeCore and Dash.Notable Developments:Galaxy Digital Posts $323M Profit as AI Expansion Gains SteamRipple, Robinhood Partner to Expand RLUSD Use for Institutional SettlementRipple Expands BNY Partnership as XRP Jumps 2%Trader Notes:Galaxy Digital’s Alex Thorn highlighted in a podcast with Scott Melker that Bitcoin’s bear market ended with the June lows.Panelists agreed that Bitcoin likely bottomed in June, with one describing any decline below $80,000 as a potential buying opportunity over the next 12–18 months.The panel remained bullish on Bitcoin’s long-term prospects, arguing that institutional adoption, tokenization and AI-driven trading infrastructure continue advancing despite bearish sentiment.On the other hand, near-term volatility and unresolved market structure challenges could complicate the recovery.Bernstein has lowered its outlook for crypto stocks, including Coinbase , Robinhood and Circle , reflecting uncertainty over the sector’s recovery. Preview Image: Shutterstock