Mar 13, 12:19 PM

Bitcoin Reaches $83K Amid $135M ETF Outflows and Ripple's DFSA Approval

Cryptocurrency markets are experiencing fluctuations, with Bitcoin (BTC) currently priced at $83,000, reflecting a 0% change. Ethereum (ETH) is at $1,900, showing a slight increase of 1%. The market capitalization stands at approximately $2.83 trillion, with Bitcoin dominance at 58.43%. Recent reports indicate that Bitcoin ETFs have seen a net outflow of $135 million, while Ethereum ETFs have lost $74 million. Notably, Franklin Templeton has applied for an XRP ETF, and the SEC has delayed decisions on several cryptocurrencies including XRP, Solana (SOL), and Litecoin (LTC). In regulatory news, Ripple has gained DFSA approval for regulated crypto payments in the UAE. Additionally, Coinbase has delisted three memecoins amid market changes, and U.S. Democrats have criticized a stablecoin bill, arguing it favors 'Big Tech.'