Ethereum Breaks Losing Streak with $87 Million Inflows: CoinShares
Ethereum Breaks Losing Streak with $87 Million Inflows: CoinShares
Ethereum Breaks Losing Streak with $87 Million Inflows: CoinShares
Ethereum Breaks Losing Streak with $87 Million Inflows: CoinShares
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The market is waiting for US CPI data on Thursday. Then pamp. 🚀
tldr; Ethereum reversed its five-week outflows with $87 million in inflows, marking the first significant inflow since early August, according to CoinShares. This contributed to a total of $1.2 billion in digital asset inflows, driven by expectations of a dovish US monetary policy. Despite the positive inflows, trading volumes declined slightly by 3.1%. Bitcoin saw $1 billion in inflows, while Solana experienced $4.8 million in outflows. Regional inflows were led by the US and Switzerland, while Germany and Brazil saw outflows.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.