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2024-10-23 08:30:39
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coindesk.com on Nostr: Summary of DOGE, XRP Lead Crypto Majors Decline as Bitcoin ETFs Bleed $80M The source ...

Summary of DOGE, XRP Lead Crypto Majors Decline as Bitcoin ETFs Bleed $80M



The source article:
DOGE, XRP Lead Crypto Majors Decline as Bitcoin ETFs Bleed $80M


The broad-based CoinDesk 20 (CD20), a liquid index tracking the largest tokens by market capitalization, fell nearly 2% while bitcoin lost 1%

https://www.coindesk.com/markets/2024/10/23/doge-xrp-lead-crypto-majors-decline-as-bitcoin-etfs-bleed-80m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin's failure to rally towards $70,000 led to a decline in the CoinDesk 20 index, with U.S.-listed Bitcoin ETFs experiencing a net outflow. Traders noted a slowdown in crypto market growth, citing stagnant stablecoin volume. Major tokens such as Dogecoin and xrp led losses amid a broader market downturn.
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