Live updates: Bitcoin back above $82,000, ZEC jumps 11% as ETF outflows continue
Bitcoin prices have rebounded above $82,000 alongside gains in other major cryptocurrencies like SOL and ether. Despite the price recovery, spot crypto ETFs continue to see net outflows, suggesting institutional investors remain cautious.
Why it matters
The divergence between retail price action and institutional ETF flows highlights a potential disconnect in market sentiment regarding the sustainability of the current crypto rally.
SOL and ether each gained more than 3%, to about $106 and $2,450, and DOGE and XRP added between 2% and 3%. BNB, HYPE and TRX rose about 1%, and bitcoin was up nearly 1%, according to CoinDesk data.
Also covering this story
One other newsroom covered this event. We read that version too.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in