Crypto News: Bitcoin Above $84,000 as ETFs See $65 Million in Outflows
Bitcoin rose above $84,000 on Tuesday, ahead of the U.S. Consumer Price Index (CPI) report on Wednesday.
Bitcoin had corrected to $81,700 on Monday.
U.S. spot Bitcoin ETFs recorded $65 million in outflows on Monday, after $21 million in inflows last Friday.
Ethereum ETFs lost $85 million on Monday, a ten-day outflow streak.
Ethereum trades around $2,532, up from weekly lows near $2,400.
The Fear & Greed Index fell to 57 on Tuesday from 69 the day before.
Today’s crypto news is a broad recovery. Bitcoin rose above $84,000 on Tuesday ahead of the U.S. CPI report due Wednesday, after a correction to $81,700 on Monday.
ETF flows remain weak. Spot Bitcoin and Ethereum funds both recorded outflows on Monday.
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Crypto Market Data: Tuesday Snapshot
Key figures:
Bitcoin (BTC): above $84,000 (Monday’s low: $81,700)
Ethereum (ETH): around $2,532, having reclaimed $2,500 (weekly low near $2,400)
XRP: edging toward $1.40
Fear & Greed Index: 57, down from 69 the day before
Bitcoin ETF flows, Monday: -$65 million
Ethereum ETF flows, Monday: -$85 million
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Main News: Crypto Prices Recover Ahead of U.S. CPI
Cryptocurrency prices are broadly recovering on Tuesday. Bitcoin is leading the move, rising above $84,000 ahead of Wednesday’s CPI report.
Ethereum has reclaimed $2,500, and XRP is edging toward $1.40.
Fear & Greed Index Falls to 57
The Fear & Greed Index fell to 57, in Greed territory, on Tuesday. It was 69 the day before.
Bitcoin ETF Flows
U.S. spot Bitcoin ETFs recorded $65 million in outflows on Monday, after minor inflows of $21 million last Friday.
U.S.-listed Bitcoin ETFs cumulatively posted $681 million in outflows last week.
Monday: -$65 million
Last Friday: +$21 million
Last week (cumulative): -$681 million
Traders who monitor crypto ETF flows and wallet activity can follow live data through SpotX.
Ethereum ETF Flows
Ethereum ETFs recorded $85 million in outflows on Monday, a ten-day outflow streak. Outflows last week reached $542 million through Friday.
Monday: -$85 million
Streak: ten consecutive days of outflows
Last week through Friday: -$542 million
XRP ETF Flows
XRP ETF activity has been muted for two consecutive days. The last inflow was $8 million last Thursday.
Last inflow: $8 million (last Thursday)
Cumulative inflows: $1.8 billion
Net assets under management: about $1.55 billion
Summary: Crypto News Today
Bitcoin rose above $84,000 on Tuesday, ahead of Wednesday’s U.S. CPI report, as Ethereum reclaimed $2,500. ETF flows remain weak.
Bitcoin: above $84,000, after a drop to $81,700 on Monday
Bitcoin ETFs: -$65 million Monday, -$681 million last week
Ethereum ETFs: -$85 million Monday, a ten-day outflow streak
XRP ETFs: muted for two days, with cumulative inflows of $1.8 billion
Sentiment: Fear & Greed Index at 57, from 69
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Frequently asked questions
What is the crypto news today?
Bitcoin rose above $84,000 on Tuesday ahead of the U.S. CPI report on Wednesday. Ethereum reclaimed $2,500, and XRP edged toward $1.40.
How much did Bitcoin ETFs lose on Monday?
U.S. spot Bitcoin ETFs recorded $65 million in outflows on Monday, after $21 million in inflows last Friday.
How large were Ethereum ETF outflows?
Ethereum ETFs recorded $85 million in outflows on Monday, a ten-day outflow streak. Last week’s outflows reached $542 million through Friday.
What is the Fear & Greed Index reading?
It fell to 57 on Tuesday, in Greed territory, from 69 the day before.
What are the XRP ETF flows?
XRP ETF activity has been muted for two consecutive days. The last inflow was $8 million last Thursday. Cumulative inflows are $1.8 billion.