Ethereum drops 6% as ETF outflows and macro pressures mount; key support broken
Ethereum declined 5-6% amid seven-day ETF outflow streak, rising yields, and a trendline break. Focus on Fed and US-Iran developments.
Ethereum declined 5-6% amid seven-day ETF outflow streak, rising yields, and a trendline break. Focus on Fed and US-Iran developments.
HYPE tests a key trendline as macro headwinds pressure crypto, with buyers eyeing 105.00 and sellers targeting 75.00.
US spot ETH ETFs saw $201.9 million in outflows on October 6, the largest since mid-September, as demand weakened.
Winklevoss Asset Services filed for a Zcash ETF charging 0.25%, one-tenth of Grayscale's fee. Grayscale's fund lost $218 million in under two weeks.
XRP sees three bullish signals: falling exchange reserves, steady ETF inflows, and a major treasury listing on Nasdaq.
Bitcoin traded below $86,000 on Tuesday after three weekly gains, with $90 million in ETF outflows and weak payroll data reducing rate hike expectations.
Zcash consolidates near $1,348 as ETF selling slows and NU7 enters testnet. Resistance sits at $1,377-$1,384.
CryptoQuant founder Ki Young Ju says Bitcoin bull run has begun, expecting 3-5x gains from lows, citing reduced volatility from institutional flows.
Bitcoin ETFs saw over $241 million in inflows last week, a third consecutive week, helping push bitcoin to $85,605.
Bitcoin trades around $86,000 after failing to break resistance at $87,334. Buyers need to reclaim that level, while sellers aim to push below $85,878.
Zcash dropped over 20% from its all-time high, driven by $93.6M in ETF outflows and geopolitical tensions.
Dogecoin traded above $0.096 on Monday, supported by continued ETF inflows and a slight bullish tilt in derivatives positioning.
ETF inflows into Bitcoin gave a strong September price boost, but the pace of new money slowed late in the month, casting doubt on continued momentum.
Bitcoin faces thin liquidity, cooling ETF demand, Iran war risks, and a looming Mt. Gox deadline in October.
Grayscale's Zcash ETF saw its first week of net outflows, with $93.6 million withdrawn, as ZEC's price dropped 17.5% to $1,308.