Daily Market Updates: Altcoins rally as bitcoin stays below $83,500

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Altcoins rally as bitcoin stays below $83,500

CoinDesk reports the CoinDesk 80 rose about 3% over 24 hours, outpacing the CoinDesk 5, while spot bitcoin ETFs saw $681 million in outflows last week.

Reported · Written up by our desk · Market Structure

Altcoins rallied as trading stayed thin, with bitcoin holding below $83,500, according to CoinDesk.

CoinDesk said the CoinDesk 80 rose about 3% over the past 24 hours, which it noted was more than double the CoinDesk 5’s gain over the same period.

CoinDesk also reported that spot bitcoin ETFs recorded $681 million in outflows last week.

Latest closeBitcoin $81,723.06 ▼2.3%

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CoinDeskAltcoins rally on thin trading as bitcoin holds below $83,500

Crypto

Altcoins rally as bitcoin stays below $83,500

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Sources

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