đ Crypto Market Update! đ
Bitcoin (BTC) holds steady at $63,558.29 after a brief dip, while Ether (ETH) remains at $2,642.62. Altcoins like SOL and DOGE show some spark, rising by 1.8% and 1.2% respectively. The overall market is up 0.9%, according to the CoinDesk 20 Index. đ
Despite China's economic stimulus, BTC's lack of response highlights its strong correlation with U.S. markets, especially after the recent FOMC meeting. Meanwhile, Ether ETFs saw significant outflows, with Grayscale's ETHE losing $80M, indicating a dip in institutional demand.
What do you think about the current market trends? Drop your thoughts below! đŹ #CryptoNews #Bitcoin #Ethereum
