Bitcoin Dominates Crypto Inflows Amid Rate Cut Speculations

This week, Bitcoin saw a massive inflow of $436 million into investment products, marking a significant rebound after two weeks of outflows. This surge in demand comes as investors brace for a potential 50-basis-point interest rate cut by the U.S. Federal Reserve. Interestingly, while Bitcoin enjoyed robust inflows, Ethereum continued to struggle, experiencing outflows of $19 million.

We use cookies to enhance your browsing experience, serve personalized ads or content, and analyze our traffic. By clicking "Accept", you consent to our use of cookies. learn more Accept