Crypto Research

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Following the worst week of ETF flows since inception, BTC (+3.89%) is rebounding, rising to $69.6k, and ETH (+4.09%) has reclaimed the $3,500 mark. Last week’s outflows totaled $888 million, representing about a fifth of the inflows seen in the previous two weeks. ONDO, an institutional RWA protocol, is one of the top performers today, rising 7.61% as investors remain optimistic about the future of tokenized assets and their ability...

Crypto markets are experiencing sharp declines, with BTC (-4.94%) falling to $64k and ETH (-6.01%) dropping to $3,310. Yesterday represented the first day of net outflows from Bitcoin ETFs since March 1st, with total outflows of $154.3 million. GBTC saw daily outflows of $642.5 million, setting a new daily record previously set on January 22nd. The Bank of Japan moved to end its negative interest rate regime, raising target policy...

The weekend saw choppy price action, following the significant leverage washout in the perps market on Thursday evening. BTC revisited the $65k level, marking a roughly 12% decrease from the previous week's high of $74k. Since then, its price has partially recovered, currently trading just above $67k. ETH experienced a steeper decline and a less vigorous recovery, dropping from last week's high of $4100 to $3400, and is now trading...

The crypto market suffered from a sharp decline early this morning, which saw BTC (-4.48%) fall over 8% to the mid $65,000s before paring losses to $68k. ETH (-5.07%) and altcoins saw similar price action, fueling over $727 million in liquidations over the last 24 hours. Funding rates have been getting frothy, and the drop helped to bring rates to more neutral levels across the board (see below). SOL 3.30%  (+3.18%)...

BTC surged in the overnight hours, nearing $74k, following a day of record inflows into spot ETF products. It's now trading around $72.5k. ETH is showing relative weakness this morning, dipping just below $4k. This may be due to capital rotating into Layer 2 solutions and other Ethereum-related assets following the successful Denunc upgrade. Ethereum-adjacent assets such as AAVE, SYN, MATIC, MKR, and ARB 0.11% , are outperforming thus far today. SOL 3.30% ...

Bitcoin broke out above $70k during the overnight hours, now floating above $72k, marking another new ATH. This price action was closely mirrored by ETH's resurgence above $4k, currently trading around $4050. AVAX is outperforming on the day, following the announcement that South Korean game publisher Nexon Group will transition its popular MMO RPG, MapleStory, onto the Avalanche network as MapleStory Universe. Meanwhile, NEAR -0.02%  also continues to outperform, likely fueled...

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