Investors shied away from Bitcoin, with altcoins pulling all the inflows.
The outflows recorded last week and the accompanying decrease in trading volumes signaled a negative shift in investor behavior and sentiment toward this asset class. The drop in trading volumes specifically indicated a temporary slowdown in market activity or a cautious approach from investors due to various factors that may influence the market dynamics.
Consequently, investors responded enthusiastically, leading to a rapid flow of funds into BTC-focused investment funds throughout the following month. Notably, this surge in investments marked the fastest pace seen since October 2021.
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