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Crypto Pulse Daily: Bitcoin at Risk as $20B Crypto Fund Redemptions Hit

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Nasdaq has shared its intentions of enabling continuous trading at the US stock market. This follows an increased need for trading outside of the conventional trading hours provided by Wall Street.

Bitcoin price trades around $86k after crashing from $92k amid panic among institutional investors, as evidenced by $357 million spot Bitcoin ETF outflows. Experts such as 10x Research and on-chain data platforms expect a further drop in BTC price, especially amid tax-loss harvesting and weak technical structure.

Dogecoin price slipped below the $0.15 level as part of a broader crypto market decline. However, a recovery could emerge after crossing $0.20. The meme coin is forming a consolidation after the breakdown last week, where the short-term sellers continue to exert pressure. At this moment, DOGE is stagnating near an important support area, where buyers are trying to recover momentum. The total crypto market has dropped 4% in the last 24 hours and has a 7 days of loss. 

Bitcoin price went below of $87,000, and ETH price went below $3,000, contributing to the bearish market. Should Dogecoin clear above $0.20, it could become bullish again to initiate a wider recovery period.

XRP price faces renewed pressure as the broader crypto market slides sharply, with Bitcoin dropping below $90K and Ethereum slipping under $3,000. This crash in the market has caused a tremble in key assets. The liquidity became tight within a short time because risk appetite was substituted by fear. 

Meanwhile, XRP price followed the wider selloff rather than showing isolated strength. The pressure to sell rose when the market leaders lost the important psychological levels. Therefore, XRP price now reflects macro-driven weakness instead of token-specific stress.