Based on data from CoinShares International Ltd, last week around US$600 million was withdrawn from digital asset products. The largest since March 2024. Inflation that is difficult to reduce has caused traders to reduce their expectations for the Fed's interest rate cut in 2024, this is a challenge for crypto. Stocks and bonds gave better results than Bitcoin in the second quarter of 2024, so there was a turnaround from the first quarter of 2024, precisely when digital assets were significantly ahead of traditional markets.
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BTC
60,465
-0.95%
ETH
2,325.99
-1.76%
SOL
131.11
-1.68%
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