Bitcoin Price Falls, ETF Outflows Explode Amid Rising Interest in 4 Altcoins!
**The cryptocurrency market remained relatively stagnant today; Bitcoin (BTC) fell below $65,000, while Ethereum (ETH) traded below $3,500.
**Solana (SOL), XRP and other altcoins experienced similar price declines, but assets such as Notcoin (NOT) and Lido DAO (LDO) managed to attract investors' attention with significant price increases.
**The total value of the cryptocurrency market decreased by 0.92% to $2.41 trillion, while the 24-hour trading volume decreased by 0.08% to $72.35 billion.
While the cryptocurrency market is facing slight declines, some tokens are showing upward momentum.
Bitcoin's downtrend continued and its price fell 0.79% in the last 24 hours to $66,228.94. The market dominance of crypto money increased by 0.07% and reached 54.25%. Ethereum also experienced fluctuations, closing the day at $3,511.17, up 0.56% from the previous day.
Solana (SOL) fell 2.19% to $144.45. Similarly, XRP fell 0.43% to $0.4771. Dogecoin (DOGE) and Shiba Inu (SHIB) lost over 4%. Other meme tokens such as Pepe Coin and Floki Inu also fell between 1% and 3%. These movements reflect broader market trends along with diverging investor sentiment.
The US Spot Bitcoin ETF experienced significant outflows last week, with an outflow of $200 million on June 14. Fidelity's FBTC led the way with an outflow of $80.1 million, while Grayscale's GBTC saw an outflow of $52.3 million. Total ETF outflows over the five-day period were $581.4 million,
indicating a cautious atmosphere among institutional investors.
Notcoin (NOT): Up 9.42% to $0.01945.
Lido DAO (LDO): Up 6.96% to $2.06.
Akash Network (AKT): Up 6.27% to $3.47.
UNUS SED LEO (LEO): Up 2.78% to $5.75.
On the other hand, some cryptocurrencies suffered significant losses:
Ronin (RON): Down 9.04% to $2.53.
Stacks (STX): Down 8.76% to $1.90.
Injective (INJ): Down 8.73% to $25.95.
ONDO: It decreased by 8.62% to $1.21.