The last weekly coding fund flows a report From Coinshares shows a major shift in feelings. According to European Digital Assets Director, Crypto Investment Products recorded $ 644 million in flows last week, which ends a series of five -week exhodus.
This recovery follows a long period of homosexuality, with the last cases of continuous flows that have occurred more than a month ago.
Bitcoin leads to recovery where Ethereum sees the largest external flow
James Bouteville, head of research at Coinshares, noted that “the total management assets have risen by 6.3 % of a low point on March 10,” said James Bouteville, head of research at Coinshares,. He added that the flows were recorded every day of the week, which represents a clear reflection of 17 consecutive days of the external flows that preceded it.
This trend indicates that investor morale may turn more positively towards digital assets. Bitcoin played a dominant role in the flow data last week, attracted $ 724 million in the new capital and ended the five -week flow chain, which total $ 5.4 billion.
Bitcoin short products, which benefit from the low BTC prices, recorded external flows for the third week in a row, with a total of $ 7.1 million, indicating declining expectations from investors.
While Bitcoin led the flows, Altcoin's space showed mixed results. ETHEREUM has seen the most important flows of any digital assets, with $ 86 million of ETH Investment products.
Other altcoins, including SUI and Polkadot, recorded external flows of $ 1.3 million each, while Tron and Galgorand lost $ 0.95 million and $ 0.82 million, respectively.
On the other hand, Solana has emerged as the best Altcoin in terms of investor benefit, with $ 6.4 million in flows. Polygon and ChainLink follows modest gains of $ 0.4 million and $ 0.2 million.
At the regional level, the United States was responsible for the majority of flows ($ 632 million), while Switzerland, Germany and Hong Kong contributed to smaller but still positive amounts.
Performing the encryption market
Regardless of the flow of the fund that was registered last week, it appears that the performance of the encryption market this week has begun to observe a bullish. In the early hours of Monday, Bitcoin picked up a remarkable recovery with approximately 5 % of assets to recover above $ 87,000.
In particular, at the time of writing this report, the origin still hovers over $ 87,000, and is circulated at a price of 87,517 dollars, which represents an increase of approximately 5.1 % during the past week. Interestingly, though, the original has still decreased with a dual number of its highest level (ATH) above $ 109,000 registered in January.
according to Data From Coingecko, at current market prices, BTC decreased by about 19.8 % of this peak. Interestingly, BTC not only started Green Monday, and even ETHEREUM, which was integrated into the downtown direction, has also seen an increase.
Over the past day, the original rose by 3.3 % and last week, ETH increased by about 10 %, which led to its value to the current trading price of $ 2083.
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