Cryptocurrency investment products have witnessed a third consecutive week of outflows totaling $79 million, marking the longest bear run recorded since February 2018.
According to CoinShares, sentiment remains mixed as certain providers see inflows, while others continue to see outflows.
Bitcoin price recently dipped below $33,000, wiping away 50% of its asset value from its all-time high.
However, not all institutions are bearish on Bitcoin and the crypto market.
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SafeMoon price may have made the turn higher, but traction has been momentary, not resulting in a sustainable, superior rush higher.
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