Bitcoin Rebounds To $113,000, ETH, XRP Up Over 2% As Gold Dips

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and XRP (CRYPTO: XRP) are up over 2% on Tuesday as a rotation out of metals may signal renewed institutional appetite for crypto markets.

Bitcoin Price Reclaims $113,000 As Outflows Ease

BTC Price Prediction (Source: TradingView)

Bitcoin is up 2.3% in the last 24 hours, reclaiming the $113,000 mark.

The rebound followed a defense of support around $109,500, aligned with the 0.236 Fibonacci retracement and the 100-day EMA, confirming near-term stability after last week’s correction.

Exchange netflow data recorded a $75.6 million inflow on Oct. 21 as per Coinglass data, signaling …

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