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Bitcoin hovers near $80,000 and Ethereum at $2,370 as macro uncertainty weighs

By Editorial Desk1 min read
Bitcoin hovers near $80,000 and Ethereum at $2,370 as macro uncertainty weighs
Bitcoin hovered near $80,000 and Ethereum traded at $2,370 as macroeconomic uncertainty and weak institutional flows weighed on crypto markets.

Bitcoin hovered near $80,000 and Ethereum traded at $2,370 as macroeconomic uncertainty and weak institutional flows weighed on crypto markets, according to the source material.

The source attributes the softness to a combination of macro uncertainty and weak institutional flows, without specifying which flows it was referring to or over what period.

The figures place both assets at those levels, though the source does not give a timeframe for the comparison or identify the venues behind the prices.

The source does not provide further detail on the drivers behind the moves or on trading volumes in either asset.

Image: Satheesh Sankaran / CC BY-SA 2.0

Related topics & keywords

  • #bitcoin
  • #ethereum
  • #crypto markets
  • #institutional flows
  • #macro uncertainty

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