A new ‘high’ for Bitcoin and the crypto-market, but here’s why that will change…

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A new 'high' for Bitcoin and the crypto-market, but here's why that will change...

BTC’s outflows represented 95% of the total monies that left the marketdigital asset investment firm CoinShares, product outflows registered the largest single weekly outflows on record last week. It found that

The drop in AuM, however, culminated in a 10% decline in total AuM, reaching the same level as towards the start of 2023. Also, the $225 million outflows “wiped out all the inflows seen this year,” CoinShares found. recorded the highest outflows. According to the report, the king coin logged total outflows of $244 million, representing a whopping 95% of all monies removed from the sector last week.

 

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