Investors Put $14M Into Crypto Funds Last Week as Bitcoin Market Cratered

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

THEY BOUGHT THE DIP: Crypto funds attracted fresh money last week even as bitcoin's price fell by the most since May. AngeliqueChen07 reports.

Cryptocurrency funds brought in $14.4 million of new investor money during the seven days through Jan. 21.

As crypto traders suffered last week through the market's worst stretch in months, investors in digital-asset funds appear to have bought the dip. Cryptocurrency funds brought in $14.4 million of new investor money during the seven days through Jan. 21, ending a streak of five straight weeks of outflows, according to a report Monday from the digital-asset managerThe inflows came during the latter part of the week,"during a period of significant price weakness," according to the report."Investors, at current price levels, are seeing this as a buying opportunity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

AngeliqueChen07 I've been asking you all to help with my daughter's treatment for a week now. I have asked my government for help, but have not received a response. I realized that the virtual world and coins are more important for people than saving someone else's life. Health to your children.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russia's central bank calls for ban on crypto, Microsoft’s metaverse move | The Crypto MinuteWikipedia is trying to say NFTs can't be art. Agree to disagree? Check out what else happened in the industry last week in The Crypto Minute with girlgone_crypto girlgone_crypto I agree nft have no future buy web 3.0 project for profit girlgone_crypto NFT Revolution incoming with Meta2Earn project 🚀 Each member of Meta2Earn can create and post their own NFT as a game artifact. Your NFT will have both an individual design and characteristics that you choose for it 🙌 Get huge profit on it 🤑 girlgone_crypto The intrinsic value of blockchain tech is almost derived In layman's term, correction is almost complete Patience rewards The sun and rainbows will emerge after the storm, tentatively by Lunar New Year Lets prove Peter S. wrong this year and beyond Cheerz ~
Source: Cointelegraph - 🏆 562. / 51 Read more »

CoinDesk: Bitcoin, Ethereum, Crypto News and Price DataLeader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price updates. .Bitcoin promoters call it an asset. Really? So writing a unique long number written on a piece of paper is same as owning land? Ain't buying it. And at $35K the early in pump and dumpers are doing a fantastic job of glorifying value of a piece of paper. Happy New year For best tracking of tokens and assets use Dexfolio app .. Very easy to use Download on AppleStore and Google Playstore If you are still struggling with trading the right way or you don’t have time to keep up with trades or you have been trading and constantly losing your investment, contact us now so our experts can help you earn guaranteed profits daily....
Source: CoinDesk - 🏆 291. / 63 Read more »

Down the Crypto Rabbit Hole: How I Got Started | HackerNoonThis is my first time writing an article here on Hackernoon. For lack of anything 'tech' that I can think of writing about at the moment, I'll just talk about how I stumbled into the crypto rabbit hold in the first place.
Source: hackernoon - 🏆 532. / 51 Read more »

Does a Fed digital dollar leave any room for crypto stablecoins?A regulated dollar might be able to exist with stablecoins. Otherwise, we might witness a 'survival of the fittest' situation. If we're talking NFTs that have potential then the only right answer would be Meta2Earn, that develop game’s NFT for Play2Earn's most popular games and metaverses. I'd dare you to find anything with as near an amazing art structure as that. 💯💥 Bkex is an exchange that freezes the accounts of earning users and extorts their money. You will never get your money. No customer support. There is no honest CEO like Cz. Their sole purpose is to extort money from people. BKEXGlobal bkex BSCStation best launchpad
Source: Cointelegraph - 🏆 562. / 51 Read more »

El Salvador Plans to Offer Crypto Loans to Small-Scale Entrepreneurs – Emerging Markets Bitcoin NewsEl Salvador will offer cryptocurrency-based loans to small companies through Conamype, the National Commission for Small Enterprises. Four Weeks Announcement, Secret to the Moon.🌝🌕💰 New BTC is winning Secret Way run it's Cheap.$5.45 Hope they’re buying the dip 🤷🏻‍♂️
Source: BTCTN - 🏆 531. / 51 Read more »

Bitcoin Sinks To Six-Month Low, Leading Crypto Market DownwardFollowing a Thursday plunge, which sent the Nasdaq 100 Index into a correction, cryptocurrencies tumbled overnight, recording losses of nearly $200 billion. Next pump um 35 days!!!
Source: Forbes - 🏆 394. / 53 Read more »