The recent outflow of funds from crypto funds, amounting to $5 | CRYPTO DOPEMAN
The recent outflow of funds from crypto funds, amounting to $584 million, marks the second consecutive week of negative performance. This trend coincides with the observed outflow of funds from Bitcoin ETFs, indicating a broader withdrawal of investments from the cryptocurrency market.
According to CoinShares, the primary driver behind this phenomenon is the actions of the Federal Reserve.
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