Bitcoin Holds $105,000 As Ethereum, XRP, Dogecoin Drop On Tuesday

Bitcoin is trading around $105,000 on Tuesday morning, after the U.S. Senate released the long-awaited draft of the crypto market structure bill.

The proposal allows ETFs to stake digital assets and distribute rewards to investors.

Across the market, about $373.68 million in positions were liquidated. Spot Bitcoin ETFs recorded $1.15 million in inflows on Monday, while Ethereum ETFs saw no inflows.

Trader Comments: Crypto trader Jelle said Bitcoin continues to trade in a tight range between $100,000 and $110,000, adopting a “spot and chill” stance …

Full story available on Benzinga.com