📌 Daily Summary
● LIVE TRACKINGBitcoin's recent downturn has raised significant concerns in the cryptocurrency market, with prominent figures like Tom Lee asserting that "the storm is temporary." This slump has also adversely affected US spot Bitcoin ETFs, which were poised to experience their longest rise period. Meanwhile, another US state has announced plans to establish a Bitcoin strategic reserve, marking what will be its second attempt at this initiative. As the week commences with further declines, a critical report evaluating the current situations of Bitcoin, Ethereum, and altcoins is attracting attention. Additionally, the founder of cryptocurrency exchange ShapeShift has made headlines with a substantial purchase of a specific altcoin, while OKX has released its 40th proof-of-reserve report, detailing the current statuses of its BTC and ETH reserves.
13:47
Big bull Tom Lee said that the declines in Bitcoin (BTC), Ethereum (ETH) and the cryptocurrency market were just a temporary shock.
13:06
US spot Bitcoin ETFs experienced their longest outflow period since February 2025. $3.8 billion was withdrawn from the ETFs in five weeks.
12:33
The US state of Missouri has made progress on a bill that would create a strategic reserve for Bitcoin (BTC).
11:55
Coinshares reported a $288 million outflow from its Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) funds.
11:16
Erik Voorhees, the founder of the cryptocurrency exchange ShapeShift, bought 9,911 Ethereum (ETH) approximately seven hours ago.
