Bitcoin, Ethereum and XRP are trading lower today as crypto markets react to strong U.S. economic data and selling pressure from crypto investment funds. For now, BTC is holding near the $87,000 level, ETH is trading below $3,000, and XRP is hovering around $1.88. Dogecoin, Solana and Cardano are also trading lower.
U.S. government data showed that the economy grew at an annual rate of 4.3% in the third quarter, much higher than the 3.3% expected by markets. While this means a healthy and fast-growing economy, it has triggered short-term pressure on risk assets, including cryptocurrencies.
Historically, strong GDP readings have often led to short-term pullbacks in Bitcoin, usually in the range of 4% to 5%. Market watchers note that the last three GDP releases followed a similar pattern, with Bitcoin dipping briefly before moving higher again.
At the same time, crypto sentiment remains weak. The Fear and Greed Index is at 29, showing fear in the market, while the average crypto RSI sits near oversold levels, hinting heavy selling in recent sessions.
ETF Outflows Add to Pressure
Another major reason for today’s decline is the selling from crypto exchange-traded funds. Last week, crypto funds recorded $952 million in net outflows, snapping a three-week streak of inflows. Investors have now pulled money from crypto funds in six of the past ten weeks.
Ethereum ETFs saw the biggest hit, with $555 million in outflows, while Bitcoin funds lost $460 million. This selling has added pressure to prices, especially for Bitcoin and Ethereum.
However, not all assets are seeing exits. Solana and XRP continued to attract inflows, with $48.5 million and $62.9 million added last week, showing selective interest in certain altcoins.
Despite today’s decline, analysts say the bigger picture remains positive. A strong U.S. economy reduces recession risks, which is generally supportive for financial markets over time. In past cycles, periods of strong growth have eventually helped crypto recover and move higher.
Leverage in the market is also playing a role. As prices fall, leveraged positions are being unwound, adding to volatility and sharp moves in both directions.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Many major crypto winners do not begin their runs with headlines. They begin with quiet…
January 13, 2026 10:04:59 UTC Bitcoin Price Prediction Ahead of CPI Data Today Still hovering…
The fast-growing crossover between politics and crypto speculation has taken another turn after former New…
Grayscale has released its Q1 2026 "Assets Under Consideration" list, naming 36 altcoins the firm…
As Bitcoin price consolidated, altcoins are approaching the make-or-break moment as the capital is quietly…
With majors cooling after a quick rebound, the crypto market is stuck in a tight…
