Bitcoin ETFs Try To Stabilize After A Brutal Run Of Outflows
US spot Bitcoin ETFs have shown signs of renewed inflows, but the broader flow picture is still fragile after heavy selling pressure.
Crypto Daily·
XRP inflows of $59.46M in June and a 30-day MVRV near -45% point to washed-out holders, yet CoinMarketCap shows USDC at $72.93B vs XRP $70.81B.
Read full articleUS spot Bitcoin ETFs have shown signs of renewed inflows, but the broader flow picture is still fragile after heavy selling pressure.
XRP trades near $1.13 as a weekly death cross warning puts $1.20 resistance, $1.10 support and $0.90 risk back in focus.
The ETFs experienced something that hadn't happened in three months in the past week.
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XRP trades near $1.14 after reclaiming $1.10, while Upbit volume tops Bitcoin and traders watch $1.27 resistance. XRP traded near $1.14 after reclaiming the $1.10 level, which had capped earlier recovery attempts. The move has returned attention to short-term resistance levels above the current price. Trading activity also increased on South Korea’s Upbit exchange, where […] The post XRP Price Reclaims $1.10 as Bulls Set Sights on $1.27 appeared first on Live Bitcoin News.
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