Yesterday, spot Bitcoin ETFs recorded net outflows of $272 million, while Ethereum, Solana, and XRP ETFs saw modest net inflows.
As Bitcoin tested the $73,000 level, gains accumulated since Trump’s election victory were largely erased, and the total crypto market value declined sharply in a short period.
Binance’s SAFU fund increased its security reserves by approximately $201 million after purchasing a total of 2,630 BTC over the past two days.
Galaxy Digital reported a net loss of $482 million in the fourth quarter, citing ongoing market volatility and asset impairments.
Ethereum founder Vitalik Buterin said the rollup-centric strategy should be reconsidered, noting that L2 decentralization is progressing slower than expected while the base layer is strengthening rapidly, creating fear among many L2 projects.
Bitcoin is trading at $76,498, while Ethereum is trading at $2,280.
The Fear and Greed Index stands at 14, indicating extreme fear.
Developments to watch today:
Macro: US President Trump is scheduled to deliver a speech. Macro: Statements on trade and tariff policies in global markets will be closely monitored.
