India, Oct. 23 -- Cryptocurrencies are trading on a mixed note on Friday morning even as markets assessed the geopolitical situation in the Middle East, the outlook on the artificial intelligence trade, the massive outflows from U.S-listed Bitcoin Spot ETF products, the dollar's strengthening as well as the continued surge in crude oil prices. Overall cryptocurrency market capitalization is currently at $2.74 trillion, while Bitcoin is hovering near $81,890.
Bitcoin Spot ETF products in the U.S. witnessed a sharp reversal in flows on Thursday, recording net outflows of $636 million as compared with net inflows of $525 million on Wednesday. Market leader iShares Bitcoin Trust ETF (IBIT) topped with net outflows of $254 million followed by F...