BTC, ETH, XRP exhibit stability despite bearish sentiment
Bitcoin (BTC) is trading above $86,000 at the time of writing on Monday, as bulls battle to regain control and bolster a breakout above $90,000 this week. Altcoins, including Ethereum (ETH) and Ripple (XRP), are holding above key support levels at $2,800 and $2.00, respectively.
Data spotlight: Bitcoin, ETH ETF inflows resume
Bitcoin experienced a mild return of institutional investors last week, highlighted by two days of inflows. US-listed spot Exchange Traded Funds (ETFs) recorded approximately $238 million in inflows on Friday and $75 million on Wednesday.
Since the October 10 flash crash, demand for crypto-related financial products, such as ETFs, has not recovered. Macroeconomic uncertainty, concerns about the Federal Reserve’s…
