Crypto price action was mixed, currently BTC at $65.8k and ETH at $3.18k, but ETH saw a huge sell-off (more below).
Despite the small daily moves, daily volumes saw a spike from yesterday, with perp volume at $146b (+44%) and options volume at $4.3b (+75%).
After the solid debut, the spot Ethereum ETFs saw $133mmin net outflows on their second trading day.
The largely anticipated conference, Bitcoin 2024 started on Thursday in Nashville, Tennessee. President Trump is scheduled to speak on Saturday. Presto Research’s Min Jung is attending.
During the last 24 hours, the top three gainers were $GAL, $HNT, and $PYTH, while the top three losers were $AVAIL, $AEVO, and $BOME.
