Altcoins rally with CoinDesk 80 up 3%, while Bitcoin holds below $83,500 and spot Bitcoin ETFs see $681M outflows last week
Small tokens are outpacing major cryptocurrencies, with the CoinDesk 80 index rising around 3% over the past 24 hours, more than double the 1.2% gain in the CoinDesk 5. Bitcoin is trading below $83,500 after hitting a high above $84,000 on Sunday, and Ether has added around 2.5% to trade at $2,560. Meanwhile, U.S.-listed spot Bitcoin ETFs recorded $681 million of net outflows last week, the most since June. Oil prices also eased, with WTI futures down around 2% to $90 per barrel after President Donald Trump stated that Russia would supply 300,000 metric tons of diesel to global markets, partially easing sanctions.
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