Cluster of headwinds weigh on bitcoin. XRP teeters near $1

Image for article Cluster of headwinds weigh on bitcoin. XRP teeters near $1
News Source : CoinDesk

News Summary

  • Top cryptocurrencies nurse losses as regulatory picture sours.
  • Bitcoin BTC $ 62,960.62 is under pressure again while XRP (XRP) teeters near $1.
  • MSCI, one of the world’s largest index providers, has opened a consultation proposing to remove non-operating companies from its equity indices, naming Bitcoin holders Strategy and Metaplanet among those targeted for deletion.
  • Spot bitcoin ETFs are bleeding again, with u.s.-listed funds shedding $333 million in net outflows so far this week.
Fund flows arent helping either. Spot bitcoin ETFs are bleeding again, with U.S.listed funds shedding $333 million in net outflows so far this week.

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