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Bitcoin Bleeds $630M as Crypto Fund Outflows Accelerate for Second Week Straight

  • Crypto asset investment products experienced a second consecutive week of outflows.
  • Total outflows amounting to $584 million were recorded, with a two-week total of $1.2 billion.
  • Bitcoin accounted for $630 million in weekly outflows, while altcoins like Solana, Litecoin, and Polygon witnessed modest inflows.
  • Investor behavior is influenced by macroeconomic factors and uncertainty about interest rate policies.

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