AGP Executive Report
Last update: 9 hours agoBitcoin Selloff: BTC slipped below $80,000 as leveraged positions unwound, with roughly $820 million in crypto liquidations. U.S. spot Bitcoin ETFs lost $635.5 million Thursday and another $137.9 million Friday, while oil and broader market jitters added pressure. Ethereum Under Pressure: Ether ETFs have shed about $1.1 billion in three weeks, and ETH saw its largest exchange outflow in four months. The withdrawals may reduce available supply, but selling signals remain. Altcoin Divergence: Uniswap added 2,295 wallets in a day, its strongest growth in four years, even as UNI fell below $7. XRP funds attracted just $4.3 million in weekly inflows as investors await an SEC decision on WisdomTree’s proposed fund. Regulatory Watch: The UK FCA proposed updated guidance for crypto firms on customer checks, transaction monitoring and blockchain analytics; responses are due Dec. 24.
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