1. Market Overview
Today, the global cryptocurrency market capitalization saw a slight uptick, reaching $2.16 trillion — a 1.16% daily increase.
2. Bitcoin Performance
Bitcoin traded between $60,400 and $61,858 today and closed at $61,440 by 09:30 AM UTC, marking a +0.93% gain for the day.
3. Crypto Market Correction in Context
The pullback earlier this week, often referred to as a “correction,” was far from the largest in crypto history. For comparison, on March 13, 2020, the market saw a 39.6% drop in a single day, while this week’s decline remained under 10%.
4. Ethereum Spot ETFs – Strong Inflows
According to data from Farside Investors (via Bl#ockBeats), U.S. Ethereum spot ETFs recorded $104.8 million in net inflows this week — with $48.8 million on Monday and $98.4 million on Tuesday.
