Crypto Markets News: Investment Outflows and Economic Signals
Investment Outflows Disrupt Positive Trend
Crypto markets news indicates that investment outflows reached $147 million last week, breaking a series of positive inflows that had persisted since September 9. This change in investor sentiment is attributed to indications of a booming US economy, which have tempered earlier expectations of substantial rate cuts from the Federal Reserve (Fed).
Leading Assets Affected
- Bitcoin experienced the most significant outflows, totaling $159 million.
- Ethereum (ETH) also faced outflows of $28.9 million.
In the context of these shifts, the latest CoinShares report highlights a notable change in market dynamics, as strong economic data from the US has led to these unexpected outflows.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.