Hit the Crypto Jackpot: Sui and XRP Draw Investors While Bitcoin Plummets – BitRss

Crypto investment funds continued to face significant outflows for the third consecutive week, totaling $2.9 billion in the last week alone. This brings the cumulative outflow over the past three weeks to $3.8 billion. Bitcoin (BTC ($92,482.02)) $92,410 funds experienced the largest losses, while some altcoins managed to capture investor interest, particularly Sui and XRP ($2.64) funds, which saw notable inflows.

Bitcoin and Ethereum Suffer Major Losses

Bitcoin was the most affected cryptocurrency by the negative market sentiment, witnessing an outflow of $2.59 billion from investment funds in the past week. Conversely, short investment funds experienced a slight inflow of $2.3 million.

CoinShares – Crypto Investment Funds

Ethereum