The market continues to decline, with $BTC now trading below $90K at $88,685 and $ETH at $2,496. Bitcoin dominance stands at 60.98%.
On the ETF front, February 24th saw a total outflow of $539M, marking five consecutive days of outflows. Over the past two weeks, aside from February 14th, the market has consistently experienced $BTC outflows. The ETH ETF also saw a $78M outflow on February 24th (see below).
Key developments include: the SEC dropping its investigation into DeFi firm Uniswap Labs, $COW being listed on Upbit, and Mirana Ventures depositing $600 million worth of Ethereum into Bybit over the past three days, making it the largest ETH depositor since the recent hack.
Over the past 24 hours, the top three gainers were $BZR, $IP, and $QNT, while the biggest losers were $RAY, $BGB, and $VRSC.
