Bitcoin price prints bullish breakout, targets $77,000

Hyperliquid is showing renewed strength, trading above $26.00 at the time of writing on Wednesday, as bulls regain control following a period of consolidation. The rebound is largely supported by improving on-chain metrics and growing derivatives market activity.

Ripple is trading down to $2.15 at the time of writing on Wednesday after posting a brief rally the previous day. The uptrend, fueled by improved market sentiment after the US reported lower-than-expected core inflation in December, reached $2.19 before the ongoing correction.

Bitcoin is trading above $95,000 at the time of writing on Wednesday, as positive sentiment lifts the broader cryptocurrency market's bullish outlook. Altcoins, including Ethereum and Ripple, are also holding onto some of the gains from Tuesday's macro-driven rally.

Pi Network holds above $0.2000 on Wednesday after bouncing over 1% from a local support trendline the previous day. A recovery in broader market sentiment signals renewed risk appetite among investors.

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Bitcoin (BTC) is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds (ETFs) have recorded net outflows so far this week.