Bitcoin (BTC) trends higher for the second day, trading above $111,000 at the time of writing on Friday. The steady price increase from a weekly low of $106,666 mirrors a gradual sentiment growth across the cryptocurrency market.
Ripple (XRP) is trading bearishly and slightly below $2.40 at the time of writing on Wednesday. The cross-border money remittance token was rejected at $2.55 on Monday, encouraging early profit booking.
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.