Crypto Today: Bitcoin, Ethereum, XRP extend losses, weighed by negative ETF flows
News brief
Cryptocurrency prices are generally edging lower on Thursday as market sentiment deteriorates following the Federal Reserve (Fed) Chair Jerome Powell’s remarks suggesting that interest rate cuts aren't planned unless there is a clear downtrend in inflation. Bitcoin extends its decline from weekly highs around $76,000, but still holds above the $70,000 as support amid ETF outflows.Ethereum slides for…
Why traders care
For traders, this matters because crypto headlines can change short-term momentum, liquidity conditions and broader risk appetite within minutes.
What to watch next
- Watch follow-through in majors, exchange volume and risk sentiment in US indices to judge whether the move has real participation behind it.
Cryptocurrency prices are generally edging lower on Thursday as market sentiment deteriorates following the Federal Reserve (Fed) Chair Jerome Powell’s remarks suggesting that interest rate cuts aren't planned unless there is a clear downtrend in inflation. Bitcoin extends its decline from weekly highs around $76,000, but still holds above the $70,000 as support amid ETF outflows.Ethereum slides for… Cryptocurrency prices are generally edging lower on Thursday as market sentiment deteriorates following the Federal Reserve (Fed) Chair Jerome Powell’s remarks suggesting that interest rate cuts aren't planned unless there is a clear downtrend in inflation. Bitcoin extends its decline from weekly highs around $76,000, but still holds above the $70,000 as support amid ETF outflows.Ethereum slides for the third consecutive day, losing the 50-day EMA support amid capital exit from ETFs.XRP retests $1.45 support amid a weakening technical outlook, trading below major moving averages.Cryptocurrency prices are generally edging lower on Thursday as market sentiment deteriorates following the Federal Reserve (Fed) Chair Jerome Powell’s remarks suggesting… For traders, this matters because crypto headlines can change short-term momentum, liquidity conditions and broader risk appetite within minutes. Watch follow-through in majors, exchange volume and risk sentiment in US indices to judge whether the move has real participation behind it.
