Understanding the Current Market Dynamics
Digital Asset Fund Flows report, cryptocurrency investment products collectively experienced outflows totaling $30 million over the past week. This marks the third consecutive week of net outflows across the sector, underscoring cautious investor sentiment amidst heightened market volatility.
Notably, Ethereum, the second-largest cryptocurrency by market capitalization, faced its largest outflows in nearly two years, with investors withdrawing a substantial $61 million from Ethereum-focused investment products.·
For the full story, head over to TheCurrencyAnalytics.com.