Bitcoin hovered above $118,000, showing consolidation amid ETF outflows and rising exchange inflows; key support seen at $117,000.
Altcoins showed mixed action—BNB hit an all-time high of $804, while Ethereum, Cardano, and XRP declined up to 2%.
Institutional activity remained strong, with Ethereum ETFs seeing over $533 million inflows and large crypto purchases by Strategy and SharpLink.
Regulatory developments included the SEC pausing Bitwise ETF conversion and a draft crypto bill proposal, keeping investor sentiment cautiously optimistic.
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