FDUSD Defies FUD with $170M Inflow Against Trend of Major Crypto Outflows
- Top cryptos had a difficult week with negative net capital flows.
- FDUSD recovered to lead the positive flow ranking after a challenging few days.
- ETH and SOL are showing early reversal signals after protracted bear pressure.
On-chain data reveals most top cryptocurrencies experienced net negative fund flows over the past week, contrasting sharply with inflows seen in lower-cap tokens and stablecoins.
Bitcoin led the outflows, while the stablecoin FDUSD surprisingly topped the inflow charts.
What Did Last Week’s Crypto Fund Flows Show?
Bitcoin saw a significant $165 million net outflow over the period, reflecting cautious sentiment toward the market leader. In stark contrast, stablecoin FDUSD recorded a net inflow of $170 million, leading all assets despite recent controversies surrounding its issuer.
Data indicates lower-cap tokens NEO and OM also registered notable inflows. This divergence highlights selective capital movement within the crypto market last week.
Related: Robert Kiyosaki: Bitcoin is the Answer as Financial Collapse and US Recession Begin with $6.4T Loss
How Did Price Action Align with Flows?
These fund flow trends correspo…
The post FDUSD Defies FUD with $170M Inflow Against Trend of Major Crypto Outflows appeared first on Coin Edition.
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FDUSD Defies FUD with $170M Inflow Against Trend of Major Crypto Outflows
- Top cryptos had a difficult week with negative net capital flows.
- FDUSD recovered to lead the positive flow ranking after a challenging few days.
- ETH and SOL are showing early reversal signals after protracted bear pressure.
On-chain data reveals most top cryptocurrencies experienced net negative fund flows over the past week, contrasting sharply with inflows seen in lower-cap tokens and stablecoins.
Bitcoin led the outflows, while the stablecoin FDUSD surprisingly topped the inflow charts.
What Did Last Week’s Crypto Fund Flows Show?
Bitcoin saw a significant $165 million net outflow over the period, reflecting cautious sentiment toward the market leader. In stark contrast, stablecoin FDUSD recorded a net inflow of $170 million, leading all assets despite recent controversies surrounding its issuer.
Data indicates lower-cap tokens NEO and OM also registered notable inflows. This divergence highlights selective capital movement within the crypto market last week.
Related: Robert Kiyosaki: Bitcoin is the Answer as Financial Collapse and US Recession Begin with $6.4T Loss
How Did Price Action Align with Flows?
These fund flow trends correspo…
The post FDUSD Defies FUD with $170M Inflow Against Trend of Major Crypto Outflows appeared first on Coin Edition.
Read More
Nasdaq and Bitcoin Fall Amid Market Turbulence