Record money flow after a major collapse? How does that make sense? Here's how.
Investors were also betting on a further deterioration in market conditions, with short Bitcoin products registering $4.8 million in weekly inflows.Although investors were, their outlook on blockchain equities soured.
CoinShares data revealed that blockchain equities registered $32 million in weekly outflows, the largest since May. Meanwhile, the broader equity market recorded its best week of gains since March, with the technology-heavy Nasdaq Composite gaining 8.1% on weaker-than-expected inflation numbers.
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