Category: downturn
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Bitcoin Spot ETFs Witness Month-High Inflow Following Latest Market Downturn
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Bitcoin price has not had a great start to the third quarter of 2024 after falling to a multi-month low last week. On the other hand, Bitcoin exchange-traded funds (ETFs) appear to be benefiting from the recent price decline, having recorded a positive week in terms of capital inflows. According…
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Tornado Cash TVL, token price surge despite market downturn
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Tornado Cash (TORN) price and Total Value Locked (TVL) rose while the broader cryptocurrency market was consolidating in a bearish mood. TORN has risen by 11.8% in the last 24 hours and is trading at $3.36 at the time of writing. The market capitalization of the asset crossed the $17…
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NFT weekly sales drop to $145m, Bitcoin leads in downturn
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Over the past seven days, the non-fungible token (NFT) market has seen sales reach $145 million, reflecting a decline of more than 9% from the previous week. This contraction continues the trend of declining sales over recent weeks, with four out of five blockchains by sales volume seeing a decline…