XRP is hovering just above a key technical floor, with traders watching whether the token can defend the weekly support zone near $1.13 or slips into a deeper correction. The level has become the market’s immediate battleground as liquidity thins and price action tightens.
According to CoinMarketCap data dated June 20, XRP (XRP) was trading at $1.1451, up about 1.37% over the past 24 hours. The broader trend, however, remains mixed-to-negative: XRP is down 0.67% over seven days and off 16.11% over the past 30 days, underscoring persistent mid-term selling pressure. XRP’s market… Read more
The record outflows from Bitcoin ETFs highlight a significant shift in market sentiment, underscoring reduced risk appetite amid crypto volatility. The post Bitcoin ETFs shed
WhiteBIT EU has secured a Markets in Crypto-Assets Regulation license from Austria’s Financial Market Authority, giving the exchange a regulated path into the European Economic
US-listed spot Bitcoin exchange-traded funds recorded their largest 30-day net outflow since launching in January 2024 amid a crypto bear market. According to data from Galaxy Research, US Bitcoin ETFs saw $6.35 billion in net outflows over a trailing 30 trading days. It also comes as they registered their sixth week of outflows last week, bringing their cumulative net flow to $53.4 billion, down from their $63 billion peak in October 2025.Galaxy Research said the daily outflows are “still deepening day over day.” The outflows could reflect waning sentiment from institutional investors for Bitcoin. However, BlackRock US head of equity ETFs Jay Jacobs told Cointelegraph on Thursday that there are many other reasons why outflows occur day to day.Source: Galaxy Research“What I think is maybe sometimes misunderstood by the market is that if we see a day of outflows, there could be a million reasons why. It could be someone selling IBIT and buying BITA,” Jacobs said, referring to its iShares Bitcoin Premium Income ETF (BITA), which launched on Wednesday.Bitcoin is trading at $64,167 at the time of writing, down 17.4% over the past month. The asset has been pressured by macroeconomic factors, including an increase in US inflation, along with the ongoing war between the US and Iran. Related: Bitcoin activity nears record highs on microtransaction surgeHowever, Jacobs said the volatility hasn’t impacted BlackRock’s view of Bitcoin as a global, decentralized, nonsovereign monetary alternative. “Every asset class has volatility… we have over 450 exchange-traded funds within iShares,” said Jacobs, referring to the family of ETFs and index mutual funds managed and marketed by BlackRock.“So we see inflows and outflows every day across a wide range of assets from large cap, small cap, Bitcoin, gold, etc. So in the short term, it’s absolutely not something that changes the way we view the asset or the utility of the asset.”Magazine: Bitcoin decouples from tech stocks, Ether eyes ‘selling wave’: Market MovesCointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.
IREN Limited (IREN) extended its rally this week as investors increasingly price in the company’s accelerating shift from Bitcoin (BTC) mining toward higher-margin ‘AI infrastructure’
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