After the Fed’s interest rate decision last week, it recovered above $ 29,000. Bitcoin (BTC) It fell to the level of $ 27,200 with a sudden decrease yesterday.
While the reason for this dream is unknown, it was claimed that the possibility of being sued against Binance brought a decrease.
As investors wonder if a new wave of declines will come in Bitcoin Coinshares released its weekly cryptocurrency report.
Cryptocurrency Stating that the fund outflows in its products continued in the third week, Coinshares stated that last week, the total $54 million output He said it happened:
“Cryptocurrency investment products have seen outflows for the third consecutive week, with a total outflow of USD 54 million last week.”
Looking at crypto funds individually, it was seen that the majority of fund outflows were in Bitcoin.
Bitcoin is the biggest, with an outflow of $ 31.8 million last week. altcoin on Ethereum (ETH) It was seen that there was an output of 2.3 million dollars.
indexed to the fall of BTC Bitcoin Short fund also experienced a record high of $23.1 million this week.
“Bitcoin saw $32 million outflows last week as the mood in the US turned markedly positive with inflows of $18M and a record $23M short Bitcoin fund outflow.”
In the face of the outbursts last week Left (LEFT) It had an inflow of 3.4 million dollars.
Looking at the regional fund inflows and outflows, Germany ranked first with a fund outflow of $27.1 million, while Canada ranked second with $19.6 million, and the USA ranked third with $4.5 million.
Germany and the USA were followed by Switzerland with 3.5 million dollars and Brazil with 0.3 million dollars.
In the face of these exits, it was seen that there was an inflow of 1.3 million dollars in Sweden.
*Not investment advice.
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