š Digital Assets Surge with $321M Inflows Post-FOMC Rate Cut!
The #crypto market is buzzing with excitement as digital asset investment products saw inflows for the second week in a row, totaling $321 million. š This surge comes hot on the heels of the FOMC's 50bp interest rate cut, signaling strong #investor confidence in the sector. šŖ
ā¢ Bitcoin led the charge with $284 million in new investments, showcasing its enduring appeal.
ā¢ Conversely, #Ethereum experienced outflows for the fifth consecutive week, amounting to $29 million. š
The market's reaction to monetary policy shifts is clear: when rates drop, #digital assets soar! š