finance
Bitcoin Rebounds From Recent Lows, Holds at $61,842 as Spot ETFs See $118M Combined Outflows
Bitcoin traded at $61,842 while spot Bitcoin and Ethereum ETFs posted net outflows of $77.4 million and $40.9 million. Fidelity made its largest Ethereum purchase in two months.
BenzingaAudio version
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Bitcoin traded at $61,842 on Wednesday after rebounding from recent lows but remaining below the $62,000 level, Benzinga reported. 054663. Fidelity recorded its largest Ethereum purchase in two months, according to Arkham data cited by Benzinga.
The transaction signaled renewed institutional interest in the second-largest cryptocurrency. 4 million on Tuesday, SoSoValue data showed. 9 million on the same day.
32 million. The price action occurred against a backdrop of broader market caution, Benzinga reported, as several major cryptocurrencies posted modest declines.
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