Crypto Market Cap Falls to $2.29 Trillion as Bitcoin and Ethereum ETFs Record $523 Million in Outflows
The cryptocurrency market capitalization declined 0.84% to $2.29 trillion, with Bitcoin spot ETFs recording $410 million in net outflows and Ethereum spot ETFs seeing $113 million in net outflows on Feb. 12, Wu Blockchain reports. BlackRock transferred $227 million in Bitcoin and $29.5 million in Ethereum, while Bitcoin liquidations exceeded $100 million within 24 hours. The Fear & Greed Index stands at 8 in the extreme fear zone, with Bitcoin trading at $67,308, Ethereum at $1,969.21, and XRP at $1.37.