Why is Crypto Up or Down?

Crypto is mixed (+0.3%) β€” Top: ETC +7.5%

Crypto prices were mixed but modestly higher on average as traders weighed incremental risk-on pockets against renewed supply concerns, with the day’s tone shaped by reports of large holders selling into a market still struggling to hold key levels. Headlines about Vitalik Buterin selling more ETH and Bitdeer liquidating its remaining bitcoin reserves likely reinforced near-term caution in majors, while strength in select altcoins such as Ethereum Classic and Aave suggests rotation into idiosyncratic narratives rather than a broad-based rally. In the background, conflicting XRP stories about institutional absorption versus a spike in realized losses point to a market still digesting recent volatility, helping explain why gains were uneven and quickly met by profit-taking in weaker segments like Optimism.

26 moves Β· 20 sources Β· Last 24h Β· 13 up / 13 down

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