**Crypto Market Update: Bitcoin Bounces Back, Ether Struggles**
Bitcoin (BTC) has made a strong recovery from its recent lows, with market sentiment turning positive. Analytics firm Santiment reports the highest ratio of positive to negative comments about Bitcoin since March 2023. Short-term traders are eyeing new all-time highs, while long-term investors, like SkyBridge Capital's Anthony Scaramucci, predict Bitcoin's market cap could surpass gold's, currently at $15-$16 trillion.
Despite Bitcoin's bullish trend, Ether (ETH) has dropped over 7% this week, influenced by $342 million in net outflows from Ether ETFs.
**Bitcoin Analysis:**
- Bulls attempted to push BTC to $70,000 but faced resistance.
- Support lies at the 20-day EMA ($64,945); a rebound could see BTC reach $72,000-$73,777.
- A drop below the 50-day SMA ($63,422) could pull BTC to $60,000.
**Ether Analysis:**
- ETH's negative sentiment is driven by significant ETF outflows.
- The price is struggling to maintain momentum, with key support levels being closely watched.
**Other Cryptos:**
- **XRP:** Consolidating between $0.57 and $0.64. A break above $0.64 could push it to $0.74.
- **Kaspa (KAS):** Bulls need to break $0.19 for a surge to $0.24. Support at $0.14.
- **Stacks (STX):** Needs to sustain above $2 for a rally to $2.50. Support at $1.65.
- **JasmyCoin (JASMY):** A break above $0.033 could lead to $0.039. Support at $0.027.
Investors should conduct their own research before making any trading decisions.