The recent trend of ARK DeFAI is a bit subtle, with two factors combining to create selling pressure. First, the listing of the coin on Bibox triggered a wave of profit-taking. In addition, the ARKB Bitcoin ETF has had consecutive net outflows, reaching $50.16 million, and market sentiment is clearly leaning toward caution. Currently, it is quoted at $7.99 ($ARK ), with a 24-hour trading volume of $4.35 million and a market cap of $156 million. This resonance between fundamentals and fund flows may suppress the price in the short term, so it’s recommended to closely monitor changes in ETF fund flows.
#ARKDeFAI #Crypto market analysis
#ARKDeFAI #Crypto market analysis