Why is Crypto Up or Down?

Crypto is up (+1.1%) — Top: ETH +2.5%

Crypto prices drifted higher on average as liquidity conditions looked marginally more supportive, with reports that Bitcoin’s supply is tightening alongside a drop in whale inflows below $3B helping underpin broader risk appetite. That bid showed up most clearly in large-cap smart-contract names like Ethereum (+2.51%) and Solana (+1.96%), while pockets of thematic demand also emerged after Zcash’s sharp rally drew attention to “quantum resistance” narratives. In contrast, XRP-related headlines pointing to a steep drop in payments and signs of a rally losing momentum likely weighed on sentiment around the token, contributing to relative underperformance versus the broader market.

18 moves · 20 sources · Last 24h · 15 up / 3 down

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