Crypto Overview: Bitcoin shows resilience at $78,000 – Arbitrum, Curve DAO rally

• Bitcoin hovers above $78,000 on Tuesday, sustaining its mild recovery from the previous day.
• Arbitrum records double-digit gains in 24 hours as the Robinhood app, built on Arbitrum Orbit, hits a record high in revenue.
• Curve DAO is up 3% on Tuesday, extending its 14% rise from the previous day.

The broader cryptocurrency market sustains its risk-on sentiment, with Bitcoin (BTC) showing resilience near $78,000 on Tuesday. Arbitrum (ARB) records double-digit gains over the last 24 hours as the Robinhood app, built on Arbitrum Orbit, hits a record high in revenue collection, while Curve DAO (CRV) follows suit. 

Bitcoin shows strength near key support level

Bitcoin trades at $78,415 at press time on Tuesday, holding a clear bullish bias. The King crypto price holds above the 50-day Exponential Moving Average (EMA) near $70,050, the 100-day EMA around $69,088, and the 200-day EMA near $72,303, suggesting a firmly supported uptrend.

BTC price also holds above the 50% Fibonacci retracement level between the annual high of $97,924 and the $57,800 swing low, at roughly $77,862, reinforcing a constructive structure.

Momentum is positive but cooling, with the Relative Strength Index (RSI) hovering around 70 and edging out of overbought territory, while the Moving Average Convergence Divergence (MACD) has rolled below its signal line, hinting at a maturing rally.