Bitcoin climbed 2.21% to $82,624, Ethereum gained 3.38% to $2,425, Solana jumped 4.42% to $105 and XRP rose 3.90% to $1.30. Lower oil prices, a softer dollar and improving sentiment helped fuel the recovery.
U.S. spot Bitcoin ETFs shed $82.4 million on Friday, while Ethereum funds lost $69.7 million. Solana ETFs saw $12.7 million exit, extending their losing streak to 10 consecutive days, while XRP funds lost $2.5 million. Retail traders may be celebrating, but institutional investors apparently missed the invitation.
Strong U.S. retail sales and producer inflation have reinforced fears that interest rates will stay higher for longer. Easing oil prices and a weaker dollar offer some relief, but persistent ETF outflows could cap the rally. For now, it's a welcome rebound — just don't order the champagne yet.
#BTC $XRP
U.S. spot Bitcoin ETFs shed $82.4 million on Friday, while Ethereum funds lost $69.7 million. Solana ETFs saw $12.7 million exit, extending their losing streak to 10 consecutive days, while XRP funds lost $2.5 million. Retail traders may be celebrating, but institutional investors apparently missed the invitation.
Strong U.S. retail sales and producer inflation have reinforced fears that interest rates will stay higher for longer. Easing oil prices and a weaker dollar offer some relief, but persistent ETF outflows could cap the rally. For now, it's a welcome rebound — just don't order the champagne yet.
#BTC $XRP