🐳 Money Flow in the last 2 weeks has increased sharply but I don't understand why the market is still on a steep decline. All altcoins returned to their entry and were as low as January this year.
Last week, a cash flow worth 2 billion USD was poured into the market
Inflow this first week of June marked the 5th consecutive week the market achieved positive cash inflow. Along with that, ETP trading volume increased to 12.8 billion USD during the week, an increase of 55% compared to the previous week.
Meanwhile, Inflow was recorded in most funds while Outflow slowed down under expectations of interest rate cuts.
Positive price action has seen total assets under management (AuM) rise above the $100 billion mark for the first time since March this year
Leading Inflow is still BTC at $1.97B, followed by ETH ($68.9M) highest since March
Cre: hccapital
