Last week, Bitcoin ETFs attracted $22.34 million despite extreme market volatility and a shortened trading week, led by Blackrock's IBIT fund. In contrast, Ethereum ETFs suffered heavy outflows totaling $42.15 million, with Blackrock ETHA and VanEck funds hit hardest as investors panicked over price drops. The turmoil was exacerbated by Federal Reserve Chair Jerome Powell's comments on potential rate hikes, which intensified selling pressure across crypto assets. While Bitcoin funds showed resilience, altcoins like Solana and XRP also faced significant losses, reflecting cautious investor sentiment amid ongoing regulatory uncertainty and market instability.
Bitcoin traded near $64,500 as trading volume declined and market sentiment remained cautious despite stable on-chain activity and exchange outflows. The Crypto Fear & Greed Index stayed at 'extreme fear,' indicating low investor confidence. While tr...
Bitcoin's price slightly fell to $64,164, reflecting broader market caution as equity indices and financial indicators like the US 10-year yield and DXY suggest tighter conditions. Meanwhile, Ethereum gained 2.09% to $1,908, showing selective investo...
Bitcoin recently rallied to $65,086, its highest close since late June, driven mainly by softer US inflation data that lowered expectations for Federal Reserve rate hikes. However, Bitfinex reports that this rally lacks sustained spot buying and depe...
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
