Crypto Funds See Outflows as Bitcoin Gets More ‘Interest-Rate Sensitive’ – CoinDesk

Of that, 88% came from European funds in a shift from the prior week when the majority of the $134 million in outflows came from U.S.

Trading volume of bitcoin funds was at half of the yearly average at $651 million, echoing the shrinking overall bitcoin trading volume.

Bitcoin , the largest cryptocurrency by market capitalization, has traded at around $40,000 since early April.

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