As Bitcoin's downtrend deepened, the decline was reflected in altcoins. Ethereum, which reached a new ATH over the weekend, surpassing $4,900, also fell to $4,620. While this decline is likely to continue in the short term, CoinShares released its weekly cryptocurrency report and stated that $1.43 billion outflow occurred last 0 investment products saw $1.43 billion in outflows last week, with ETP trading volume rising to $38 billion, as fears of Fed action led to the largest outflow since 1 Sees the Biggest Uptrend, Ethereum Rebounds from Powell! When looking at individual crypto funds, it was seen that the majority of outflows were in 2 Bitcoin experienced an outflow of $1.03 billion, Ethereum (ETH) experienced an outflow of $440.9 3 we look at other altcoins, while the positive atmosphere in XRP continued, $25 million inflows, Solana (SOL) $12 million, Cronos (CRO) $4.4 million and Cardano (ADA) $2.9 million inflows, Sui (SUI) $12.9 million and Toncoin (TON) $1.5 million 4 Chair Jerome Powell's tone shift at Jackson Hole was more pronounced in Ethereum than 5 experienced a sharp mid-week recovery, limiting outflows to $440 million compared to Bitcoin's $1 billion outflow.
A large number of altcoins experienced inflows, most notably XRP ($25 million), Solana ($12 million), and Cronos ($4.4 million). Sui and Ton were the most affected, with outflows of $12.9 million and $1.5 million, 6 (CRO) surprised the market with its unexpected 7 you may recall, Trump Media and Technology Group, the company behind US President Donald Trump's media company Truth Social, signed an agreement with the Cryptocom exchange to launch altcoin 8 News: Donald Trump Officially Signs His Exchange Deal For Altcoin ETFs! Altcoin Price Reacts! When looking at regional fund inflows and outflows, the USA ranked first with an outflow of $1.31 9 the USA, Sweden experienced an outflow of $135.5 million and Switzerland $11.8 10 comparison to these outflows, Germany experienced an inflow of $18.4 million and Canada $3.7 million. *This is not investment 11 Reading: Weekly Critical Report for Bitcoin and Altcoins Released: While Powell Raises Ethereum and Altcoins, Unexpected Attack Comes from a Trump-Linked Altcoin!
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