As CoinDesk reported, Bitcoin held above $61,100, while Ethereum fell 4% to $2,390 as the market sold off amid geopolitical tensions over Iran’s airstrikes on Israel.
Despite the market downturn, Bitcoin whales are accumulating heavily, indicating a future bull run. Bitcoin ETFs saw $91.76 million in outflows, while Ethereum ETFs saw $14.45 million in inflows.
XRP plunged more than 10% after the SEC decided to appeal its regulatory authority. The SEC will ask the Second Circuit Court of Appeals to review the July 2023 ruling.
Lido’s LDO token fell nearly 9% as Ethereum fell. Artificial intelligence tokens were not affected by OpenAI’s funding news and fell 1.8% overall.
