US spot Bitcoin ETFs recorded net outflows of 480 million dollars on January 20, marking the second consecutive day of outflows.
On the same day, spot Ethereum ETFs saw net outflows of 230 million dollars, ending a six day streak of inflows.
Strategy made its largest Bitcoin purchase in over a year by acquiring 22,305 BTC for 2.1 billion dollars.
BitMine increased its Ethereum holdings by purchasing 35,628 ETH worth approximately 110 million dollars.
Bitcoin is trading at 89,135 dollars, while Ethereum is trading at 2,969 dollars.
The Fear and Greed Index stands at 32, indicating a fear level.
Developments expected during the day:
General Market Data: The World Economic Forum in Davos will begin.
Solana (SOL): The launch of the token related to the Seeker mobile device is expected.
