Bitcoin (BTC) reclaims $111,000 on Monday, extending its weekend recovery after falling nearly 6% in the previous week. Spot Exchange Traded Funds(ETFs) recorded an outflow of over $1.2 billion, marking the second-largest weekly outflow since their launch.
Binance Coin (BNB) trades slightly below $1,300 at the time of writing on Monday, down approximately 5.5% from its record high of $1,375. Despite a drastic fall to $861 on Friday, sentiment around BNB remains bullish, backed by retail and institutional demand.
XRP declined 4% on Tuesday as growing fear, uncertainty and doubt (FUD) triggered increased selling pressure for the asset. The decline was accompanied by BNB overtaking XRP to become the third-largest cryptocurrency by market capitalization.