Bitcoin tops $70,000 again after slumping on US ETF outflows

On Monday, digital assets saw an increase in value, with Bitcoin rising by up to 7.1% to reach $70,816, marking its first climb above $70,000 in over a week. Other cryptocurrencies such as Ether, Solana, and Dogecoin also experienced gains, with increases around 6% and more than 4%, respectively. Despite the market uplift, digital asset exchange-traded funds (ETFs) faced challenges, with nearly $900 million withdrawn last week.

Mar 26, 2024 - 03:00
Bitcoin tops $70,000 again after slumping on US ETF outflows
On Monday, digital assets saw an increase in value, with Bitcoin rising by up to 7.1% to reach $70,816, marking its first climb above $70,000 in over a week. Other cryptocurrencies such as Ether, Solana, and Dogecoin also experienced gains, with increases around 6% and more than 4%, respectively. Despite the market uplift, digital asset exchange-traded funds (ETFs) faced challenges, with nearly $900 million withdrawn last week.