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NEAR, Bitcoin & Crypto – European Wrap 12 October

NEAR, Bitcoin & Crypto – European Wrap 12 October

NEAR Protocol (NEAR) is down 3% at press time on Monday, ticking lower after rallying 30% over the last three days as buying pressure eases. The recovery aligns with Bitwise’s NEAR-focused Exchange Traded Fund (ETF) recording its second weekly inflow of over $13 million last week, while NEAR intents confidential TVL rose to $166.9 million on Sunday. The technical outlook for NEAR remains bullish, as upside momentum persists.

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Bitcoin (BTC) steadies around $83,600 at the time of writing on Monday, after a 3.1% decline last week. Institutional demand shows weakening signs, with spot Exchange Traded Funds (ETFs) recording $681.10 million in net outflows last week, ending a three-week streak of inflows. Meanwhile, ongoing geopolitical…

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