Crypto Funds Lose $812 Million in a Week Amid Strong US Macroeconomic Indicators
Between September 19 and 27, $812 million was withdrawn from investment products based on digital assets, according to a report by CoinShares.
Analysts linked the negative trend to the release of fresh macroeconomic data in the US. On September 25, it was revealed that GDP in the second quarter increased from -0.5% to 3.8%, exceeding the forecast of 3.3%.
A revision of statistics for 2019-2024 confirmed an average annual growth of real GDP at 2.4%. As…