Latest Crypto News:

- Bitcoin (BTC) was little changed in the past 24 hours, remaining above $63,500 after falling to $62,750 this morning. Ethereum (ETH) was also steady at $2,645.

- Other leading altcoins such as SOL and DOGE rose 1.8% and 1.2%, respectively. The overall crypto market was up 0.9%, according to the CoinDesk 20 Index.

- The People's Bank of China cut its reserve ratio for banks by 50 basis points, which had little impact on crypto prices. However, Asian stock markets responded with gains.

- Ethereum ETFs saw their largest outflows since July, with more than $79 million pulled out, mostly from Grayscale's ETHE fund. This indicates that institutional demand for ETH is waning, despite the cryptocurrency's recent 10% gain.

- Copper to gold ratio rose 2.3%, which could indicate positive signals for risk assets including cryptocurrencies after the announcement of China's large stimulus package.

These developments highlight the current trends and dynamics in the crypto market.