On December 23, Bitcoin miner capitulation sparked optimism for a potential market bottom, despite mixed signals in the cryptocurrency market. Ethereum spot ETFs experienced net inflows of $84.59 million, contrasting with Bitcoin spot ETFs, which saw a $142 million outflow for the third consecutive day.
In other developments, a UNI address accumulated 1.68 million tokens in anticipation of an upcoming proposal. Meanwhile, Japan announced plans to digitize local debt securities by 2026, indicating a shift towards digital financial instruments. These movements highlight the evolving dynamics and investor sentiment in the crypto market.
Bitcoin Miner Capitulation and ETF Flows Reflect Market Trends
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