•Bitcoin maintains position above $71,000 after peaking near $72,000, reflecting a short-term recovery in sentiment.
•The crypto market is in a consolidation phase, with institutional participation balancing macro headwinds like rising yields and geopolitical tensions.
•Analysts identify $70,000 as near-term support; a decisive break above $75,000–$78,000 could confirm bullish momentum.
•Other cryptocurrencies like Ethereum, BNB, and XRP saw gains, while Hyperliquid jumped 5.71% to become the 10th-largest crypto.
•Experts note continued institutional interest and dip buying at key levels, suggesting stability above $70,000 could build a foundation for future upside.
