Solana, Bitcoin & Crypto – European Wrap 17 March

Amid a 2% decrease in market capitalization, crypto trading volume surges 42% to $87.2 billion in the last 24 hours, signalling active capital rotation.

Bitcoin price stagnates below $85,000 as Gold enters a record rally to $3,000 ahead of the US Fed rate decision.

Solana futures ETF launch and Ethereum Hoodi updates dominate crypto media on Monday.

Bitcoin (BTC) daily price chart shows signs of recovery in the largest cryptocurrency. Strategy, one of the largest corporate holders of Bitcoin, acquired another 130 BTC last week, according to an announcement on Monday. 

Ethereum (ETH) gained 1.54%, and XRP added 2.40% to its value today. 

Cryptocurrency exchange-traded products (ETPs) continued seeing massive selling last week, recording the fifth week of outflows in a row, with $1.7 billion leaving the market. 

After seeing slightly softened outflows of $876 million in the previous week, crypto ETP liquidations accelerated during the past trading week, bringing the total five-week outflows to $6.4 billion, CoinShares reported on March 17.