Institutional investors sold $1.07 billion in Bitcoin and other crypto assets in one week, marking the first outflow after seven weeks of inflows and the third-largest weekly outflow this year. Bitcoin led the sell-off with $982 million withdrawn, while Ethereum saw its largest weekly outflow since January with $249 million pulled out. Altcoins like XRP and Solana attracted inflows, with $67.6 million and $55.1 million respectively. The US accounted for nearly all the selling, while Europe experienced some inflows, especially in Switzerland and Germany. Total crypto assets under management dropped slightly to $157 billion from $159 billion.
Bitcoin fell below $77,000 after four days of losses, pressured by Iran's new "Hormuz Safe" system requiring $2 million in Bitcoin for Strait of Hormuz passage and over $1 billion withdrawn from crypto funds last week. Rising oil prices and inflation...
Bitcoin fell modestly by 0.30% to $76,555.78 while Ethereum rose 0.29% to $2,121.10, reflecting a cautious yet active crypto market. Stablecoin trading volume surged 57.26% to $97.38 billion, and derivatives volume jumped 31.60% to $847.44 billion, i...
Strategy, a major Bitcoin treasury, added 24,869 BTC worth about $2 billion, raising its total holdings to 843,738 BTC. This purchase occurred near their average cost basis, suggesting a psychologically important price zone that may indicate a local ...
KITE led Upbit's crypto greed index with a score of 76 despite a 5.04% price drop to 339 won, signaling a cooling phase rather than a trend reversal. The token saw heavy trading volume (~15.06 billion won), indicating active repositioning amid sustai...
Leading cryptocurrencies like Bitcoin and Ethereum showed little movement, trading between $76,000-$77,000 and $2,078-$2,155 respectively, while Dogecoin dropped nearly 2%. Market volatility increased with over $300 million liquidated in 24 hours, dr...
