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ETH falls amid $133 million spot Ethereum ETFs outflows
Ethereum (ETH) slumped more than 8% after the US spot Ethereum exchange-traded funds saw over $133 million in outflows in the second day of trading. Ether price fell on Thursday amid the outflows, reaching lows of $3,156 across major exchanges. Spot Ether ETFs outflows The new ETFs cumulatively posted over $106 million in inflows on day one, which incidentally remained green despite more than $484 million exiting the Grayscale’s Ethereum Trust (ETHE). But on day two, the total outflows of $326.9 million from ETHE outpaced the total inflows, resulting in net outflows of $133.3 million. Per data on SosoValue ,...
BTC/KRW Plunges 30% Amid Martial Law Chaos in South Korea, Shaking Crypto Markets
South Korea’s political turmoil caused a significant, though temporary, drop in Bitcoin prices on local exchanges. The ‘Kimchi premium’ saw a stark decline, with Bitcoin falling to US$71,814.99 compared to the global average of around US$93,600. President Yoon Suk Yeol later rescinded the martial law after a parliamentary vote to lift it. The event sparked concerns around Bitcoin’s status as a Safe Haven asset among traders and observers. Events in South Korea have caused prices on local exchanges to drop significantly, albeit only temporarily. On Tuesday, Bitcoin and Co saw heightened volatility on Asian exchanges following South Korean President Yoon...
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In this article, an expert from Viega, the leader in press fittings, valves, PEX and radiant heating and cooling, walks you through a checklist of things to consider before tackling your next radiant project. This content is sponsored by:
