Bitcoin's price jumped over 2.7% in a few hours, surpassing $80,000 for the first time since January 2026, driven by strong net inflows into US-based spot Bitcoin ETFs and positive regulatory developments in Washington. The crypto rally coincided with gains in Asian stocks and other major cryptocurrencies like BNB, Ether, and XRP. Institutional demand remains high, with nearly $630 million flowing into Bitcoin ETFs recently, suggesting optimism about Bitcoin's potential to reach $100,000. The momentum is supported by a likely Senate markup on stablecoin yield rules under the CLARITY Act, signaling growing regulatory clarity for the crypto sector.
Cryptocurrency markets saw a general decline with major coins like Bitcoin and Ethereum dropping by about 1.2% and 1.1% respectively. Bitcoin traded near $61,883 while Ethereum hovered around $1,748. Other altcoins also experienced losses, reflecting...
U.S. spot Bitcoin ETFs experienced $526.64 million in net outflows from June 29 to July 2, marking eight straight weeks of withdrawals as institutional investors reduce exposure amid market uncertainty. Despite this, Bitcoin remains above the $60K su...
Bitmine Immersion increased its Ethereum holdings by 42,197 ETH, worth about $74 million, raising its total to 5.74 million ETH or 4.8% of the circulating supply. Chairman Tom Lee credits this buying spree to rising investor optimism that the propose...
XRP's Binance Scarcity Index reached its highest level since 2024 as whales moved coins to non-custodial wallets, tightening supply and supporting price near $1.14. A BitGo whale transferred 114.9 billion Shiba Inu (SHIB) tokens to a new cold wallet,...
Cryptocurrency prices showed a general downward trend, with Bitcoin trading near $61,955, down 1.12%, and Ethereum at $1,747.46, down 0.88%. Other major coins like Binance Coin and Cardano also saw declines, while a few tokens experienced minor gains...
