Crypto Markets Slide as Ethereum ETFs See Record Outflows
Bitcoin slipped below $113,000 as Ethereum ETFs face record daily net outflows amid mixed market sentiment.
Crypto markets dipped on Tuesday as Ethereum exchange-traded funds (ETFs) posted their largest one-day outflows to date, signaling renewed investor caution.
Bitcoin (BTC) is down nearly 2% on the day, trading around $113,200 and extending its weekly losses to about 4%. Ethereum (ETH) has dropped 3.2% in the past 24 hours to about $3,587, bringing its weekly decline to 4%.
Among other large-cap altcoins, XRP has slipped 2.3% to $2.98, while Solana (SOL) is down about 3% today $163, recording a nearly 9% loss on the week.
The total cryptocurrency market capitalization has fallen 2% on the day…