The crypto market saw mixed performance over the past 12 hours. Bitcoin (
BTC) trades at $68,723, down 1.47%, while Ethereum (
ETH) is at $1,966.58, falling 5.47%, both pressured by ETF outflows and weak spot demand. Among altcoins,
KITE (
KITE) rose 6.53%,
PI Network (
PI) gained 3.44%, and
PEPE (
PEPE) dropped 8.60%, with KITE's gains driven by AI payment narratives and PEPE's decline reflecting fading memecoin momentum.