🚀 Joyful news in the cryptocurrency world! 🎉 Last week, after 6 weeks, there was a total inflow of 21 million dollars into digital asset investment products.
📈 While it was thought that the outflows would continue at the beginning of the week, there was an ebb and flow at the end of the week, especially on Friday. CoinShares explained the reasons for this change as positive price momentum, concerns about US government debt prices and the recent turmoil regarding government finances.
🔥 Bitcoin received the most investment last week, with a total inflow of 20 million dollars. In contrast, short-Bitcoin positions experienced outflows of $1.5 million, totaling $85 million since April.
💎 While the altcoin market has remained relatively quiet, Solana stood out with $5 million inflows, continuing its 27-week positive activity with only four weeks of outflows recorded this year. This performance establishes Solana as the "most loved altcoin of the year."
😢 On the other hand, Ethereum solidified its position as the “least loved altcoin” with an outflow of $1.5 million for the seventh week in a row.
🌍 The regional sentiment split remains largely unchanged from the previous week. While the US experienced outflows of $19 million last week, Europe and Canada experienced inflows of $23 million and $17 million, respectively.
💹 Despite the recent increase in prices, transaction volumes remain seasonally low in both the investment products market and the broader cryptocurrency market.
🗣️ So which altcoin do you think will be loved more? Share your thoughts in the comments! 🤔
📈 While it was thought that the outflows would continue at the beginning of the week, there was an ebb and flow at the end of the week, especially on Friday. CoinShares explained the reasons for this change as positive price momentum, concerns about US government debt prices and the recent turmoil regarding government finances.
🔥 Bitcoin received the most investment last week, with a total inflow of 20 million dollars. In contrast, short-Bitcoin positions experienced outflows of $1.5 million, totaling $85 million since April.
💎 While the altcoin market has remained relatively quiet, Solana stood out with $5 million inflows, continuing its 27-week positive activity with only four weeks of outflows recorded this year. This performance establishes Solana as the "most loved altcoin of the year."
😢 On the other hand, Ethereum solidified its position as the “least loved altcoin” with an outflow of $1.5 million for the seventh week in a row.
🌍 The regional sentiment split remains largely unchanged from the previous week. While the US experienced outflows of $19 million last week, Europe and Canada experienced inflows of $23 million and $17 million, respectively.
💹 Despite the recent increase in prices, transaction volumes remain seasonally low in both the investment products market and the broader cryptocurrency market.
🗣️ So which altcoin do you think will be loved more? Share your thoughts in the comments! 🤔