Tue, 05 Maaltcoins

Crypto products post 5th straight week of inflows despite mid-week selloff

Burns Brief

Crypto ETPs shed $619 million over four days before a $737 million Friday session rescued the week, extending the inflow streak to $4 The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.

Crypto ETPs shed $619 million over four days before a $737 million Friday session rescued the week, extending the inflow streak to $4.02 billion across five weeks.

Key Takeaways