CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

Live updates: XRP ETFs the only ones in green as BTC, ETH, ZEC funds post outflows

CoinDesk logo

Published on

Add as a preferred source on Google
Live updates: XRP ETFs the only ones in green as BTC, ETH, ZEC funds post outflows

Live updates: XRP ETFs the only ones in green as BTC, ETH, ZEC funds post outflows

Bitcoin ETFs lost $244 million on Thursday and the ZEC fund extended a run of October outflows. Bitcoin is back near $82,000 after a $1 billion liquidation.

XRP ETFs were the only crypto funds in the green. (Shaurya Malwa/CoinDesk)

Bitcoin BTC $82,528.67 remained bid during European trading hours, tracking an uptick in Nasdaq-linked futures.

The cryptocurrency was trading near $82,500, fast approaching its May high of $82,814. That level was first breached to the upside on Nov. 21 and then vigorously defended for several days before giving way on Thursday.

The focus is now on whether bitcoin can reclaim that level. A failure to do so would strengthen the immediate bearish outlook, as technical analysts typically view a rejected retest of a former support level as a negative signal.

[@portabletext/react] Unknown block type "image", specify a component for it in the `components.types` prop

1 New tech to power bitcoin lending is set to debut with $500 million in commitments 1 hour ago

2 Solana is about to halve its block times as final 200-millisecond upgrade nears 3 hours ago

3 XRP Ledger adds new controls for banks, stablecoins and tokenized funds 4 hours ago

4 Ether bets were wiped out at six times bitcoin’s rate in crypto’s $1 billion flush 4 hours ago

5 Bitcoin rebounds to $82,000 as Trump rules out Iran strikes, oil drops 5 hours ago

6 Top Democrat among Senate investigators probes ties between Cantor Fitzgerald, Tether 11 hours ago


Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.