NEW YORK : Cryptocurrency products and funds received US$184 million in net inflows as of last week, data from digital asset manager CoinShares showed on Monday.
Traders said the weekend fall in prices was connected to a broad move away from riskier assets in traditional markets on worries about the Omicron coronavirus variant. "In contrast, in the bull market of 2017, you also saw several crashes of sometimes up to 38per cent of its value ... Often, the more afraid you are to step in, the better. And when you're feeling too confident, it's often a good moment to step out."
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