Crypto Today: Bitcoin, Ethereum crumble under selling pressure, XRP hovers around $0.55

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Crypto Today: Bitcoin, Ethereum crumble under selling pressure, XRP hovers around $0.55
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NOT/USDT daily chart Notcoin (NOT) erased 5% of its value on Wednesday.

Bitcoin slips under $57,000 following $287.8 million in outflows from BTC ETFs on September 3. Ethereum erases 1.20% of its value on the day, dips to $2,395 on Wednesday. XRP loses key support and corrects to $0.5326, new monthly low in September. Bitcoin , Ethereum , XRP updates Bitcoin trades at $56,607 at the time of writing. Bitcoin Spot ETFs noted $287.8 million in outflows amidst broad market sell-off. Shares of NVIDIA erased 9.

Binance August 29, 2024 Former Mt.Gox CEO is set to launch a new crypto exchange later this month, per a report from the Block. Japan’s FSA proposes aligning taxes on crypto with traditional financial assets. Crypto accountants TokenTax state that crypto profits in Japan are currently taxed as miscellaneous income between 15% and 55%. This could change to a flat 20% if crypto reforms are accepted by the regulator.

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