The cryptocurrency market is showing stability despite rising global tensions. Bitcoin is currently trading close to $71,000, maintaining support above the $70,000 level. Meanwhile, Ethereum remains steady above the important $2,000 support, while XRP continues to hold near $1.40.

Although prices have remained relatively stable, institutional demand has started to slow. On Thursday, Bitcoin spot ETFs recorded about $228 million in outflows, ending a three-day period of positive inflows. Earlier in the week, ETFs had attracted $458 million on Monday, $225 million on Tuesday, and $462 million on Wednesday.

Market sentiment has also been influenced by the escalating conflict involving the United States, Israel, and Iran, which has entered its seventh day. The tensions have raised concerns about global economic stability, especially as oil and gas operations and shipping routes have been affected by the closure of the Strait of Hormuz.

Despite the recent outflows, total weekly inflows into Bitcoin ETFs remain strong at around $917 million, while cumulative inflows have reached $55.72 billion, with total assets under management standing at $91.44 billion.

Interest in Ethereum-based ETFs has been less consistent. On Thursday, these funds recorded $91 million in outflows, although they had seen $169 million in inflows on Wednesday. Overall, cumulative inflows into Ethereum ETFs now stand at $11.71 billion, with total assets close to $11.99 billion.

At the same time, XRP spot ETFs experienced around $6 million in outflows on Thursday after seven consecutive days of inflows. Even so, XRP has remained relatively resilient despite market volatility caused by geopolitical tensions and macroeconomic uncertainty.

Bitcoin Technical Outlook

Technically, Bitcoin is trading above $70,000, though still below the recent daily high near $71,420. Indicators such as the Moving Average Convergence Divergence (MACD) show continued bullish momentum, while the Relative Strength Index (RSI) is slightly above 50, suggesting moderate buying pressure.

Key support for Bitcoin lies around $70,000, while a deeper pullback could test support near $67,400. On the upside, resistance is seen around $74,050, and a strong breakout above this level could push the price toward the 50-day Exponential Moving Average near $74,179 and possibly the 100-day EMA around $81,556.

Ethereum and XRP Outlook

For Ethereum, the $2,000 level remains a critical support zone. A drop below this level could lead to further losses toward $1,800. Resistance appears around $2,279 at the 50-day EMA, followed by $2,617 near the 100-day EMA.

Meanwhile, XRP continues to trade above $1.40, showing mild bullish momentum. However, major moving averages between $1.56 and $2.01 are still trending downward, which keeps the broader outlook slightly bearish. If XRP breaks above the 50-day EMA, it could move higher toward $1.67. On the downside, support is located at $1.40, followed by $1.35, with a deeper drop potentially targeting $1.25.

Overall, the crypto market remains stable for now, but investor sentiment continues to be influenced by geopolitical developments and shifts in institutional demand.#Binance