Digital Asset Market Faces Turbulence As Ethereum And Bitcoin See Major Outflows

Digital Asset Market Faces Turbulence As Ethereum And Bitcoin See Major Outflows

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Source: TheMerkle.com

The digital asset market experienced significant volatility last week, with investment products seeing a total net outflow of $305 million, according to CoinShares.

Leading the pack was Bitcoin, which saw outflows totaling $319 million, reflecting a cautious sentiment among investors.

Ethereum wasn’t spared either, with outflows of $5.7 million and trading volumes stagnating. This stagnation in trading volume, coupled with growing reserves of Ethereum on exchanges, suggests a decrease in

Read More https://themerkle.com/digital-asset-market-faces-turbulence-as-ethereum-and-bitcoin-see-major-outflows/

The post "Digital Asset Market Faces Turbulence As Ethereum And Bitcoin See Major Outflows" appeared first here TheMerkle.com.

Source: TheMerkle.com

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