XRP fails to close above $0.65 support, while Ripple CEO offers optimistic outlook on crypto market cap
Ripple (XRP) made an unsuccessful attempt to close above $0.6500 on Monday, a key level for the altcoin. XRP held steady above $0.6500 early on Monday and corrected to $0.6274 later. The top Ripple executive made headlines for comments on the market capitalization of crypto expanding.
Ethereum could fall to $2,395 following $10.46 million Foundation sale
Ethereum (ETH) is down 2% on Monday, struggling around the $2,595 key support level after the ETH Foundation continued its selling spree. However, the slow price movement in the past few hours isn't reflective of the rising inflows across US spot Ethereum ETFs.
Crypto investment products witness $1.2 billion inflow as monetary policy expectations linger
CoinShares' weekly report on Monday indicates that digital asset investment products recorded inflows totaling $1.2 billion last week after the Securities & Exchange Commission (SEC) approved options trading for Bitcoin ETFs. Additionally, Ethereum ETFs posted inflows for the first time in five weeks, in this case totaling $87 million as the altcoin market witnessed mixed sentiment.
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