Cryptocurrencies struggle despite strong ETF inflows and hawkish Fed tone on interest rates. Analysts expect possible pullback to $60,000-$61,000 range and a fall below could trigger prolonged weakness.
Bitcoin struggled to gain momentum on Friday despite tis week’s robust spot ETF inflows.Notable Statistics:
Coinglass data shows 94,015 traders were liquidated in the past 24 hours for $359.33 million.
SoSoValue data shows net inflows of $233.1 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net inflows of $13.3 million.
In the past 24 hours, top gainers include MemeCore, Audiera and Pump.fun.
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