Ether and majors rise as bitcoin rebounds to $76,000 but the bounce may not last

Flows and on-chain data signaled defensive positioning, as crypto investment products logged $1.7 billion in weekly outflows. What to know : Crypto prices stabilized after sharp early-week swings, with total market value edging up about 1.7 percent to $2.65 trillion but sentiment among short-term traders remaining cautious. Bitcoin climbed roughly 5 percent from Monday’s lows to trade above $78,000, while most altcoins saw only modest, uneven recoveries and stayed well below earlier-year highs. Flows and on-chain data signaled defensive positioning, as crypto investment products logged $1.7 billion in weekly outflows and long-term bitcoin holders slipped into unrealized losses even as some institutions continued to add exposure.(Coindesk)