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Crypto funds bleed $454M in outflows as Fed rate-cut hopes fade

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Crypto funds bleed $454M in outflows as Fed rate-cut hopes fade
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TL;DR:

Bitcoin led with $405 million of outflows last week, with the US shedding $569 million, as several altcoins and European funds posted modest inflows.

Key Points:

  • Crypto funds bleed $454M in outflows as Fed rate-cut hopes fade
  • Involves BTC, LTC cryptocurrencies
  • Background:

    Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

    Why It Matters:

    This development could influence BTC price action and market sentiment in the near term.