Markets taking a breather today. Major cryptocurrencies are trading in red territory—Bitcoin sliding to $90.9k, Ethereum down to $3.1k, and Solana dropping to $137, all posting 2-3% losses on the day.
Spot ETF activity shows mixed signals though. Bitcoin ETFs recorded $522M in net outflows while Ethereum ETFs saw $159M flowing out, suggesting some rebalancing pressure in institutional positioning.
Meanwhile, ZEC is defying the broader pullback with an 11% rebound after the team rolled out its refreshed wallet solution and reassured the community that core development remains stable. Sometimes clarity on fundamentals can cut through the noise.
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ApeWithAPlan
· 01-09 22:53
Institutions are running, but ZEC is still rising. This is the real signal.
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UnluckyMiner
· 01-09 22:53
Starting to buy the dip after a 2-3% drop, institutions are really harvesting the retail investors.
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PoetryOnChain
· 01-09 22:51
This wave of institutions is liquidating, but the rebound of ZEC is quite interesting.
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wrekt_but_learning
· 01-09 22:50
ZEC's recent rebound is truly impressive; the fundamentals are solid because someone is buying in.
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NFTregretter
· 01-09 22:45
Institutions are dumping, ZEC is the guy who is rising 11% in the opposite direction, that's enough.
Markets taking a breather today. Major cryptocurrencies are trading in red territory—Bitcoin sliding to $90.9k, Ethereum down to $3.1k, and Solana dropping to $137, all posting 2-3% losses on the day.
Spot ETF activity shows mixed signals though. Bitcoin ETFs recorded $522M in net outflows while Ethereum ETFs saw $159M flowing out, suggesting some rebalancing pressure in institutional positioning.
Meanwhile, ZEC is defying the broader pullback with an 11% rebound after the team rolled out its refreshed wallet solution and reassured the community that core development remains stable. Sometimes clarity on fundamentals can cut through the noise.