Crypto exchange-traded products (ETPs) recorded $1.4 billion in inflows last week, continuing a strong recovery driven by rising Bitcoin prices and improved geopolitical sentiment. Bitcoin products led with $1.12 billion in inflows, including $1 billion from US spot Bitcoin ETFs, pushing year-to-date inflows to $3 billion. Ethereum products also gained $328 million, marking their best week since January. The US led regional inflows with $1.5 billion, while some altcoins like XRP and Solana saw outflows amid the renewed optimism. This trend reflects growing investor confidence as geopolitical tensions ease and Bitcoin approaches $78,000.
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...
