CandleFocus Institutional Investors Abandoned Bitcoin and Flocked to These Two Altcoins!
2024-12-02
Author: Content Editor
Bitcoin experienced a decline in price, falling to $95,000, but investor expectations of an increase continued. CoinShares released its cryptocurrency report, stating that there was an inflow of $270 million into cryptocurrency investment products last week. However, there were outflows in response to profit sales in Bitcoin, with $457 million exiting the market. On the other hand, Ethereum saw an inflow of $634 million and XRP experienced an inflow of $95 million. The USA had the highest inflow of $266 million, followed by Germany and Hong Kong. Switzerland and Canada saw small outflows.
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