Bitcoin Maintains $64K Despite Growing ETF Outflows, NEAR Jumps 7% Daily (Market Watch)

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Despite the growing outflows from the US spot Bitcoin ETFs, the cryptocurrency’s price has remained relatively stable at just over $64,000.

The altcoins are a lot less volatile today, with SHIB gaining around 3% while NEAR has pumped by 7% to well above $7.Bitcoin faced enhanced volatility last week amid the growing geopolitical tension between Iran and Israel. The most substantial declines came last Friday, with a price drop to well below $60,000.

Once that tension was put to rest, at least in theory, the asset regained over $5,000 and stood at around $65,000 when the fourth halving was completed. The following few days were quite positive, with minor but consecutive gains that pushed BTC to a local peak of just over $67,000.This is all you need not to miss any price action in the raging crypto markets.

Its market cap is about $30 billion away from $1.3 trillion on CG, while its dominance over the alts is just shy of 51%.Most altcoins have remained relatively still on a daily scale, with ETH, SOL, TON, ADA, and BCH slightly in the red, while BNB, XRP, DOGE, and AVAX have charted insignificant gains.NEAR Protocol’s native token is today’s top performer from the top 50 alts. NEAR has soared by almost 7% and sits north of $7.2 as of now.

 

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