Bitcoin fell to its lowest in over a month, at $63,500, marking a 3.5% drop in 24 hours. ETH and SOL also saw declines. Spot bitcoin ETFs in the U.S. recorded high outflows of $140 million, with Grayscale's GBTC leading with $53 million outflows.
Standard Chartered is setting up a spot trading desk for bitcoin and ether, becoming one of the first global banks to enter spot cryptocurrency trading. The bank has previous involvement in crypto through Zodia Custody and Zodia Markets.
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