Why is Crypto Up or Down?

Crypto is up (+1.8%) β€” Top: AAVE +7.3%

Crypto prices edged higher on the day (average +1.79%) as risk appetite improved on signs that institutional demand remains resilient, highlighted by reports of continued Fidelity Bitcoin ETF inflows despite recent volatility. That steadier bid appears to be supporting higher-beta segments of the market, with DeFi and L2 names like Aave and Arbitrum leading gains as investors rotate into growth-sensitive tokens when benchmark flows look stable. Separately, intensifying competition among Ethereum ETF issuers via fee waivers reinforces expectations of a more liquid, accessible ETH market, adding to the constructive tone even as regulatory oversight remains in focus following news of an SEC COO appointment.

47 moves Β· 20 sources Β· Last 24h Β· 37 up / 10 down

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