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Bitcoin and Ethereum rebounded on Wednesday, reclaiming $115,000 and $3,600 respectively, as analysts remain optimistic despite recent volatility. Ethereum ETFs saw inflows while Bitcoin ETFs continued outflows, though at a reduced pace.
- Ethereum ETFs reversed outflows with $73 million in inflows, while Bitcoin ETF outflows slowed to $196 million.
- Bitwise’s Ryan Rasmussen attributes recent volatility to leveraged trading and liquidations, calling it normal in bull markets.
- Solana and BNB outperformed the broader market, each gaining over 3% in the last 24 hours.
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