Bitcoin Dips Below $86,000 ETF Cost Basis Amid Broader Market Decline
The total cryptocurrency market capitalization decreased by 2.27% to $2.96 trillion. Notable declines included XRP at 5.8%, Dogecoin at 8.3%, and Hedera at 9.9%, while Uniswap erased its gains following Tuesday's CME listing. Perpetual funding rates for Bitcoin and Ethereum on OKX have turned negative, and U.S. equities and gold also closed lower.
Summaries are written by AI from the original article. Not investment advice.