Crypto ETPs See Easing Sell Pressure After Three Weeks of Losses
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Summarize this article with:
After three weeks of heavy selling, outflows on crypto products are clearly calming down, a signal often more telling than the price. They fall to $187M for the week, versus $3.43B in the previous two, which clearly changes the mood. At the same time, the price decline slows and bitcoin briefly touched $60,000, a level that shifts from a panic reflex to a more rational reading.
In brief
- Capital outflows from crypto slow significantly to $187M, a sign that…
