Bitcoin Hits Four-Month Low as ETF Outflows Persist
US spot bitcoin funds shed $1.91 billion over seven sessions. Coinbase's new low was 13.4% below the low in The Defiant's Nov. 12 report.......
Morning market briefing
Crypto opens under pressure as bitcoin ETF outflows, forced selling and XRP weakness compete with tokenization headlines for desk attention.
US spot bitcoin funds shed $1.91 billion over seven sessions. Coinbase's new low was 13.4% below the low in The Defiant's Nov. 12 report.......
Executive scan
Bitcoin starts the session near a four-month low after US spot bitcoin funds shed $1.91 billion over seven sessions, with The Defiant also flagging heavy liquidations as the selloff deepened. XRP added to the risk-off tone, falling to 89 cents on Coinbase, its lowest since November 2024, while broader coverage points to money leaving crypto and shrinking stablecoin supply as pressure points.
Away from price action, tokenization remains active but uneven. The Czech National Bank issued its first bonds on a blockchain ledger, while RWA protocol stUSDT is winding down three years after a reported TVL peak near $2.3 billion. Security risk stays on the tape after the DOJ secured court approval targeting more than $1.2 billion in crypto stolen from Binance.
Market read
Watch next
Main signals
The stUSDT shutdown highlights the volatility and risks in DeFi, emphasizing the need for robust exit strategies and liquidity man...
The Bitcoin selloff highlights the volatility and risks in cryptocurrency markets, testing investor resilience and impacting broad...
Vitalik Buterin’s latest pivot in how Ethereum should be valued might make traditional Wall Street investors dizzy. The narrative...
The stUSDT team did not disclose a reason for winding down the RWA protocol but assured holders that all underlying assets remain...
The Czech National Bank's blockchain bond issuance could revolutionize financial markets by enhancing transaction speed and reduci...
Coinbase recorded the low Saturday evening. XRP's seven-day and four-week losses exceeded bitcoin's and ether's over matching wind...
XRP tanked to its lowest level since November 2024 as ETF outflows and shrinking stablecoin supply add to pressure on crypto marke...
Bitcoin and ether rebounded after another sharp drop, but matched 24-hour windows show the selloff accelerated from the Nov. 12 br...
Market watch
Watch whether ETF redemptions, liquidations and altcoin weakness keep driving intraday liquidity conditions.
Policy and risk
Risk focus sits on stolen-asset recovery, DeFi wind-down mechanics and how tokenized public-sector issuance is being received.
Source trail