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Bitcoin Holds $66,000 As Ethereum, XRP Weaken Ahead Of Inflation Data

Bitcoin is holding the $66,000 level ahead of key inflation data, as liquidations stand at $251.62 million over the past 24 hours.        

Bitcoin ETFs saw $410.4 million in net outflows on Thursday, while Ethereum ETFs reported $113.1 million in net outflows.

The meme coin sector rose about 3% for a second straight session, diverging from broader market weakness.

Trader Commentary:

Crypto chart analyst Ali Martinez said Bitcoin continues consolidating within a defined range, holding $64,000 as support and facing resistance near $67,000. Price action remains compressed inside this channel, with a breakout likely to dictate the next directional move.

Crypto trader Jelle noted that…

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