Bitcoin hovers around $60,000 as BTC ETFs record second consecutive day of outflows Bitcoin's (BTC) price recovers from Wednesday's losses and trades higher by 2.3% at $60,320 at the time of writing on Thursday.
Bitcoin hovers around $60,000 as BTC ETFs record second consecutive day of outflows Bitcoin's price recovers from Wednesday's losses and trades higher by 2.3% at $60,320 at the time of writing on Thursday. However, the recovery could be short-lived as on-chain metrics project a negative outlook, as shown by negative exchange fundingrates. At the same time, US spot Bitcoin ETFs posted their second consecutive day of outflows on Wednesday.
Ripple hovers around important support level as XRP traders take over $8 million in profits Ripple traders have consistently taken profits on their holdings in the last two weeks, per Santiment data. Once again, traders have grabbed $8.36 million in profit so far on Thursday. Typically, profit-taking negatively influences the asset as it increases the selling pressure.
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