bitcoin While it continues to be adversely affected by the debt ceiling problems in the USA, it consolidates in a narrow range.
Weekly cryptocurrency issuer of the report Coinsharesstated that fund outflows in crypto money products continued in the fifth week.
Stating that there was a total outflow of $ 32 million in crypto products last week, Coinshares wrote:
“Cryptocurrency investment products saw a total outflow of $32M, representing the 5th consecutive week of outflows of $232M.”
Looking at crypto funds individually, the majority of fund outflows Bitcoin’was also seen.
Bitcoin (BTC)the largest altcoin, with $ 32.7 million outflow last week on Ethereum (ETH) It was seen that there was an output of 1 million dollars.
indexed to the fall of BTC Bitcoin Short There was an outflow of 1.3 million dollars in the fund.
“The outflows of around $33 million in Bitcoin represented most of the negative sentiment this week, as they did in the last 5 weeks.
There have been entries in altcoins other than Ethereum ($1 million exit), the most notable being Ripple and Litecoin.”
In the face of exits in Ethereum Ripple (XRP) 0.2 million dollars, Litecoin (LTC) It had an inflow of $0.3 million.
Looking at the regional fund inflows and outflows, Germany ranked first with a fund outflow of 24.1 million dollars, while the USA ranked second with 5.0 million dollars, and Switzerland took the third place with 3.3 million dollars outflow.
Germany, USA and Switzerland were followed by Sweden with 3.0 million dollars and France with 0.1 million dollars.
Against these outflows, it was seen that there was an inflow of 1.3 million dollars in Brazil and 2.2 million dollars in Canada.
*Not investment advice.
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