Cryptocurrency investment products ended at the meeting of Green, Internet 15 Vix of Consactive Inflow Committee (FOMC) last week.
Global Cripto Exchange-Trade Products (ETS)
Despite a strong start for Weeke with a price of $ 883 million, “trend inverted” in the second half of the week, “Like Hawkish by Hawkish. Data from America,” Report has said:
“Given that we have seen US $ 12.2BN pure flow in the last 30 days, representing 50% flow so far, perhaps it makes sense to see what we believe what we believe to take minor advantage.”
The remarks of US Federal Reserve Chairman Geom Powell also reduced the expectations of checking an interest rate cut from 63% to 40% before matching, Cointelgf reported last Thursday.
The decline in the Senate appears as bitcoin (BTC), entering August, historically one of its worst performing months. Data of co -operatives suggests that the average return of bitcoin in August is -7.49%.
Bitcoin products were responsible for the wholesale of the previous week’s loss, with $ 404 million in outfits. Despite the pullback, the next catalyst of some enlightens can come after a summer holiday. One reservation was not published in a reservation, Letayport said that Bitcoin can get traction when the US Congress re -organized after Labor Day.
The report said, “Fiscal impurities have a powerful tailwind history for hard assets, and Bitcoin remains in front and center in the story.”
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Ether defines wide fund retreat
Despite the outflow among the global cryptocurrency funds, the ETPS (Eth) ETPS shut down the net positive flow of its 15th week, attracted an investment of $ 133 million despite the pullback in the second half of the week.
The report attributed the continuous ether funds to “strong positive installation for assets”.
Crypto Funds focused on XRP (XRP), Solan (SOI) and SUI (needle), which also shuts down the week in green, resulting in $ 31.2 million, $ 8.8 million and $ 5.8 million, as a result.
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Last Thursday, US President Donald Trump signed an executive order, which implements a mutual import tariff of 15% to 41% on goods from Thursday, 7, effective Thursday, 68 countries.
Despite President Trump’s August 1 tariff order, “despite sending a chil” through global markets, Cryptocurrency Markets saw a “recalibration” instead of a breakdown, Stella Zlatareva, Digital Asset Investment Platform Nexo.
“The digital asset market remains above $ 3.7 trillion, anchor with structural flows, institutional faults, and the promise of clear American regulation,” he said “Altcoin stability can come back slowly.”
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