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Bitcoin Holds $67,000 As ETF Outflows Weigh On Ethereum, XRP, Dogecoin

Benzinga ·  Mar 9 19:59

Bitcoin trades near $67,000 to start the week amid heavy ETF outflows and cautious sentiment; liquidations stand at $387.74 million over the past 24 hours.

Bitcoin ETFs saw $348.8 million in net outflows on Friday, while Ethereum ETFs reported $82.9 million in net outflows.


Cryptocurrency
TickePrice
Bitcoin(CRYPTO: BTC)$67,746.34
Ethereum(CRYPTO: ETH)$1,999.07
Solana(CRYPTO: SOL)$83.84
XRP(CRYPTO: XRP)$1.34
Dogecoin(CRYPTO: DOGE)$0.09024
Shiba Inu(CRYPTO: SHIB)$0.055344

The broader meme coin sector is trading relatively flat at $30.9 billion with a 0.6% gain over the past 24 hours.

Trader Commentary:Crypto chart analyst Ali Martinez said a potential bottoming signal could emerge if short-term Bitcoin holders' average purchase price falls below that of long-term holders. Historically, this crossover has marked the start of accumulation phases.

Trader CyrilXBT noted that...

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