💰 Crypto Inflows Nearly Hit $1B Before Fed Rhetoric Flipped the Script
According to CoinShares, early this week crypto saw massive inflows of $883M, inching toward that $1B milestone. But then came the Fed meeting — and everything changed.
📉 End of Week Stats:
• Total inflows dropped to $223M
• Friday alone saw $1B in negative flows
James Butterfill from CoinShares explains:
“The week started strong, but hawkish Fed signals and hotter-than-expected U.S. economic data flipped sentiment.”
Key drivers:
🔹 Hawkish Fed meeting comments
🔹 Strong macro data exceeding expectations
🔹 U.S. job cuts doubling July’s 4-year average — signaling a cooling labor market
Why it matters:
A weakening labor market could push the Fed to cut rates — but for now, risk-off mode is back.
Which tokens are you watching during this volatility? ERA C $BB
