5 months ago
1 min read
The crypto market gains over $40 million in a week, with Bitcoin leading
The past week saw the continuation of positive investment trends in the ever-changing landscape of digital assets, with a total inflow of $43 million. This sustained 11-week trend, while demonstrating resilience, represents a slight decrease from previous weeks. Notably, the market saw a shift toward short positions, indicating investor apprehension in the face of rising prices and potential market uncertainties. Bitcoin continues to be a dominant force, attracting $20 million in the last week and adding to its impressive year-to-date total of $1.7 billion. However, the report reveals an intriguing dynamic in which short positions on Bitcoin increased by $8.6