Bitcoin ETFs experienced a net outflow of $696.29 million in 24 hours, the highest since May, as Bitcoin's price fell below $60,000, retesting levels last seen in late 2024. This significant withdrawal reflects growing institutional selling pressure and investor caution amid Bitcoin's recent volatility. The price drop to around $58,000 has sparked concerns about Bitcoin's short-term recovery prospects, with the asset currently trading near $59,400. Market participants remain watchful for Bitcoin's next price movement amid this bearish outlook.
Crypto analyst Gert Van Lagen predicts XRP could break out of a symmetrical triangle pattern, potentially reaching $50 and a $3 trillion market cap. This forecast implies a 3,200% gain from its current $1.5 price, suggesting a major rally after a con...
Bitcoin's price fell sharply below $84,000, dropping over $2,000 in minutes and causing significant losses among major altcoins like MNT, DOT, and UNI. The total crypto market capitalization declined by more than $60 billion within 24 hours, reaching...
Shiba Inu's price fell 4.79% to $0.00000557, showing a sharper decline than Bitcoin and other major coins due to thin market liquidity and low trading volume relative to its market cap. The coin is testing a critical support level at $0.0000055, with...
U.S. spot Bitcoin ETFs recorded $119 million in net inflows on Tuesday, reversing a $90 million outflow from the previous day, even as Bitcoin's price fell from above $86,600 to below $84,000. In contrast, Ether ETFs experienced heavy selling with $2...
Ripple has formed a strategic partnership with South Korea's Meritz Securities to explore digital asset services including custody and tokenization. This deal coincides with XRP overtaking Bitcoin as the most-traded asset on the Korean exchange Upbit...
