Bloomberg: Top 100 digital asset-related indexes record second-largest weekly decline of the year

2024/06/24 13:35

Odaily News The digital asset market saw its second-largest weekly drop since 2024 as demand for bitcoin spot ETFs cooled and monetary policy uncertainty loomed. Data showed that the index covering the top 100 digital assets by market value fell about 5% in the seven days ending last Sunday, the biggest drop since April this year. Affected by six consecutive days of outflows from the U.S. bitcoin spot ETF, Bitcoin fell below $63,000 on Monday, the lowest level in more than a month. David Lawant, head of research at FalconX, wrote in a report that the current crypto market dynamics are characterized by low volatility, weak trading volume, and unbalanced order books when prices begin to move toward the edge of the range. (Bloomberg)

原文链接
Odaily
Latest news
11:40
The 7th largest LAYER holding address withdrew 1 million LAYER from Binance 40 minutes ago
11:31
Bitcoin spot ETFs saw a net inflow of $3.06 billion last week, the second highest in history
11:31
Ethereum spot ETF ended eight weeks of net outflows and recorded a net inflow of $157 million last week
11:14
OKX将下线ZKJ永续合约及杠杆交易对
10:58
The crypto market sectors generally fell back, only NFT and PayFi sectors maintained their growth
Recommended Reading