Bitcoin, ethereum etfs bleed while coding boxes climbed 6.4 billion dollars in 5 weeks: Coinshares

Investment Cheap Company said on Monday that a historic bleeding of investment products, digital assets, extended to its fifth week, as Coinshares products lost $ 1.7 billion.
Military products for exchange Bitcoinand ethereumAnd Solana Coinshares said in a a report.
As President Donald Trump’s tariff continues to target Commercial tensions and inflation concernsBitcoin boxes were particularly hit, according to the Coinshares report. Investors snatched $ 978 million of Bitcoin boxes last week, as the price of the asset fell to its lowest level for four months at 77,000 dollars.
Bitcoin has recovered since then 83,000 dollarsBut “a lot of resistance” from the lowest level last week indicates that more pain indicates forward, said Coinshares James Butterfill. Decipher.
“I think we are close to the bottom,” Boufthell said, adding that the external flow of external flows may be weakened soon. “This means that this has happened yet, but we may be about to peak.”
On Friday, the latest survey of consumers at the University of Michigan showed feelings sinking To his lowest level since November 2022 amid Trump’s irregular introductory approach.
Butterfill suggested that the deterioration of consumer morale in the United States may push the federal reserve to reduce interest rates soon, which leads to enhancing encryption prices when borrowing becomes cheaper.
After the tilt towards “extreme fear”, or the value of 20 last week, Fear and greed indicatorA scale of investor morale, to “fear”, or at a value of 32, as of Monday morning.
Merchants of the prediction market for countless Prediction A 80 % opportunity to continue optimism, and the index will be above 30 on Tuesday. (Detection: Mamluk DecipherThe mother company, Dustin.)
The US Central Bank will hold the last policy meeting this week. While officials are expected to leave the interest rates unchanged, the Federal Reserve will issue a series of updated expectations that touch the main measures such as employment and inflation.
An inflation numbers last week It came in softIt was also measured by the consumer price index. However, the preferred inflation scale of the Federal Reserve, a personal consumption expenditure index, will not be updated only after the Federal Reserve meeting ended on Thursday.
Edited by James Robin
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