• Fri. Nov 1st, 2024

Bitcoin Dips Despite ETFs Attracting Nearly $900 Million

Oct 31, 2024

The cryptocurrency market dipped on Thursday despite spot Bitcoin exchange-traded funds (ETFs) recording consecutive daily inflows of over $800 million.

Bitcoin (BTC) fell 1.5% to $70,800 after briefly nearing its all-time high the previous day. Ethereum (ETH) plunged 5% to $2,540. Solana (SOL) and Polkadot (DOT) dipped by 3% and 5%, respectively. The global crypto market cap declined 4% to $2.47 trillion over the last 24 hours.

BTC Price chart

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[Source: TheDefiant]

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