Ether Tumbles 5.8%, Leading Large Crypto Losses, With Bitcoin Sliding Below $71K

Cryptocurrency prices and related stocks slipped across the board on Thursday as traders appeared to be paring longs following big runs higher.

Once again failing a test of its record high above $73,700 overnight, bitcoin (BTC) slipped below $71,000, down 2% over the past 24 hours.

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Ether ETFs Saw Biggest Outflows Since July

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Bitcoin Breaks $64K While Gold Soars

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ETH/BTC Ratio Slid to Lowest Since April 2021

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Is Bitcoin Losing Its Bullish Momentum?

Most of the altcoins in the broad-market CoinDesk 20 Index fared worse, with Ethereum’s ether SOL Price Index and Live Chart – CoinDesk”>(SOL) standing to benefit from a friendlier regulatory environment.

Edited by Stephen Alpher.

 

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