Bitcoin Escapes Continue!
While the exit from cryptocurrencies has been going on for the last 4 weeks, the majority of them were Bitcoin.
Sales continue due to the lack of recovery after the sharp fall in cryptocurrencies. According to the study by CoinShares, exits from cryptocurrencies have been continuing for 4 weeks. Almost all of the capital outflows occur on the Bitcoin side.
Reached 19.5 BILLION DOLLARS!
Capital outflow from cryptocurrencies and funds reached $19.5 billion on July 30. Since May, $295 billion has been out of cryptocurrencies. Despite this exit, $ 4.1 billion inflow was provided to Bitcoin products and funds.
BITCOIN IS RISING BUT ALSO EXITS
Strategists referred to the exit as profit realization as Bitcoin prices increased. Bitcoin saw the level of 43 thousand dollars last week.