Big news in the world of cryptocurrency! Last week, many people sold their crypto investments. This is called an outflow. It's like when you take money out of your piggy bank.
This happened because some investors felt worried about things like trade and inflation. It's important to remember that investing in crypto can be risky.
But, not all cryptos went down! Some saw increases!
- Lots of people sold Bitcoin, which is the biggest cryptocurrency.
- But, some people bought XRP, hoping for good news about a court case.
- Other cryptos like Solana, Ether, and Sui also saw some people buying.
Crypto | Money In/Out (Millions of Dollars) |
---|---|
Bitcoin | -$571 (Outflow) |
XRP | +$38 (Inflow) |
BlackRock's iShares | -$22 (Outflow) |
ProShares | +$38 (Inflow) |