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🔥 ETH ETFs See Record $465M Outflow:
Ethereum$ETH ETFs suffered the highest daily outflow ever—$465M! Institutions are pulling back, triggering a wave of concern across the market. Is sentiment shifting for ETH?
#Ethereum #ETFOutflow #CryptoNews
#MarketUpdate #ETHAlert
Ethereum$ETH ETFs suffered the highest daily outflow ever—$465M! Institutions are pulling back, triggering a wave of concern across the market. Is sentiment shifting for ETH?
#Ethereum #ETFOutflow #CryptoNews
#MarketUpdate #ETHAlert
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Reasons for the drop in cryptocurrencies:
📉 Why did cryptocurrencies suddenly drop yesterday?
The market witnessed a sharp decline of over 5% in one day, resulting from the interaction of these key factors:
1️⃣ Collapse of hopes for an interest rate cut
The latest Consumer Price Index indicated sustained inflation at high levels, prompting investors to abandon their interest rate cut expectations, according to CoinMarketCap. This shock negatively affected high-risk assets like crypto.
The market witnessed a sharp decline of over 5% in one day, resulting from the interaction of these key factors:
1️⃣ Collapse of hopes for an interest rate cut
The latest Consumer Price Index indicated sustained inflation at high levels, prompting investors to abandon their interest rate cut expectations, according to CoinMarketCap. This shock negatively affected high-risk assets like crypto.
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