💼 Crypto movement: where are investors' money flowing? 🧐
Last week, the digital asset market surprised us with a mix of inflows and outflows. 📊 Despite a challenging macroeconomic backdrop and hawkish FOMC policy, some assets still attracted investors' attention.
🔥 Key figures:
Bitcoin 🟠: Absolute favorite with an influx of $375 million for the week! Even intraday outflows couldn't derail its course.
Ethereum 🟣: Positive outcome of $51 million, but Solana lost $8.7 million. 🤔
Altcoins 🌟: XRP ($8.8 million), Horizen ($4.8 million), and Polkadot ($1.9 million) prove there is life beyond BTC and ETH!
Multi-asset products 📉: Largest outflow — $121 million. Investors are clearly not in the mood for a mix.
💰 Despite these discrepancies, the total balance of assets under management decreased by $17.7 billion, but that’s only 0.37% of the total amount. So there’s no panic, but caution is evident.
🔍 What does this mean for the market?
Investors remain cautious but show selective optimism towards certain assets. This indicates that even in turbulent conditions, cryptocurrency continues to be an attractive investment tool.
#Bitcoin #Ethereum #Altcoins #CryptoInvestments #CryptoTrends