Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) slip to multi-month lows, erasing all gains since crypto-friendly candidate Donald Trump won the US presidential election in November 2024. BTC hits a low of $60,000 on Friday, while ETH nosedives to $1,750 and XRP to $1.11.
Ethereum (ETH) has broken below $2,000 on Thursday, extending its decline to about 30% over the past week.
US spot Ethereum (ETH) exchange-traded funds (ETFs) recorded nearly $117 million in net inflows on Monday, snapping out of a four-day outflow streak, according to SoSoValue data. The positive value came solely from Fidelity's FETH, which pulled in $137.2 million.