$BTC Bitcoin (BTC) plunged by another 3% on Wednesday, with prices sliding towards $93,700 at the time of publication.
Bitcoin ETFs defy bearish sentiment as they recorded $52 million inflows on Tuesday, bringing the weekly intake to $1.04 billion.
Mega-cap assets like XRP and exchange tokens BNB and BGB showcased resilience, defying broader market weakness spurred by an ongoing liquidation event that wiped over $150 billion from global crypto market capitalization in the past 24 hours.BNB and BGB gained traction as exchange-linked assets benefited from a surge in user activity on Binance and Bitget platforms. Meanwhile, XRP found support at $2.3, fueled by optimism surrounding Ripple’s new collaboration with Chainlink, aimed at integrating oracles for improved DeFi adoption.