Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Bitcoin dips below $79K amid rising Treasury yields and crypto ETF outflows

Market News
17 May 2026
Blockonomi
View Source
Bearish
pluang ai news

Bitcoin fell toward the $78,000–$79,000 range last week due to rising U.S. Treasury yields hitting 12-month highs, which pressured risk-sensitive assets like cryptocurrencies. U.S. spot Bitcoin ETFs saw significant net withdrawals totaling nearly $1 billion over several days, signaling institutional hesitation. Ethereum ETFs also experienced outflows, while Solana ETFs showed resilience with positive inflows. The U.S. Senate Banking Committee approved the CLARITY Act to clarify crypto regulations, but challenges remain. Treasury yields and legislative developments will be key factors influencing crypto market direction in the near term.

More News (XRP)

Ethereum leads in smart contracts with diverse uses; XRP targets institutional payments with higher risk-reward.

Ethereum leads in smart contracts with diverse uses; XRP targets institutional payments with higher risk-reward.

Ethereum dominates as a smart contract platform with broad applications in DeFi, NFTs, and asset tokenization, supported by strong developer activity and Layer 2 scaling solutions. XRP focuses narrowly on cross-border payments and institutional settl...

Market News
Neutral
4 hours ago
Flare rises 8.8% on mainnet upgrade, then dips amid sell-the-news and Bitcoin volatility.

Flare rises 8.8% on mainnet upgrade, then dips amid sell-the-news and Bitcoin volatility.

Flare (FLR) surged 8.8% following the launch of the FAssets v1.3 mainnet upgrade, which simplifies minting FXRP tokens for Ripple users and boosts adoption potential. However, the price fell 8.3% after hitting a local high, reflecting a sell-the-news...

Technical Signals
Neutral
4 hours ago
XRP price could reach $4-$6 by 2031, with a balanced outlook at $5.80 amid institutional adoption and regulatory clarity.

XRP price could reach $4-$6 by 2031, with a balanced outlook at $5.80 amid institutional adoption and regulatory clarity.

XRP is currently valued around $1.40 with a market cap near $87 billion. Analysts project its price could rise to $4-$6 by 2031 if it grows with the broader crypto market, supported by institutional investment and clearer regulations. An optimistic s...

Market News
Bullish
4 hours ago
Binance sees 403M XRP withdrawn in two weeks, signaling major holders' shift amid price recovery.

Binance sees 403M XRP withdrawn in two weeks, signaling major holders' shift amid price recovery.

Between May 3 and May 15, Binance recorded near-daily XRP outflows exceeding 1 million XRP per transaction, totaling about 403 million XRP. This consistent withdrawal pattern suggests large holders or institutions are moving coins off the exchange, l...

Technical Signals
Neutral
5 hours ago
Meta AI predicts XRP could reach $3.50-$5 by 2026 amid legal progress and ETF hopes.

Meta AI predicts XRP could reach $3.50-$5 by 2026 amid legal progress and ETF hopes.

Meta AI forecasts XRP's price rising to between $3.50 and $5 by late 2026, driven by Ripple's nearing resolution of its SEC lawsuit, increasing RippleNet adoption, and potential approval of a spot XRP ETF. Currently, XRP is stuck below a key resistan...

Market News
Neutral
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App