Bitcoin Flat Near $61K as Whales Continue to Accumulate; XRP Down 10% as SEC Appeals Case

Bitcoin remains relatively stable above $61,100, while ether experiences a 4% drop to $2,390 amid geopolitical tensions following Iranian airstrikes on Israel, influencing a broader market sell-off.

Despite the downturn, there’s significant whale accumulation of Bitcoin, suggesting anticipation of a future bull run. Meanwhile, bitcoin ETFs see outflows, whereas ether ETFs attract inflows.

XRP drops over 10% after the SEC’s decision to appeal a ruling on its regulatory powers over crypto markets.

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