04:07
The fall of Ethereum has led to a widespread decline in altcoins, with Spot ETFs recording net outflows, and Crypto Assets stocks also experiencing a general drop.
On August 16, the Crypto Assets market performed weakly, with Bitcoin and Ethereum prices falling, leading to a general decline in alts. Multiple Tokens such as ETH and ARB saw declines of 4.27% and 8.15% respectively. At the same time, the Spot ETF recorded significant net outflows, indicating a lack of market confidence.
ETH-3.68%