Browsing: Crypto

Bitcoin fell 1.2% to about USD 80,685, and Ether dropped 1.1% to near USD 2,370. Weak fund flows and economic worries drove the decline. US Bitcoin ETFs lost USD 636 million, and total crypto value slipped to USD 2.80 trillion. Traders now watch oil prices and fund flows.

BitMEX will shut down its crypto exchange operations on September 23 after a strategic review by HDR Global Trading. The exchange has asked users to close open positions and withdraw funds before the deadline, while analysts expect limited market disruption due to its low trading share.