Cryptocurrency investors are avoiding taking risks amid important developments. While BTC is capable of making deeper bottoms, this causes every attempt to rise to fail. The situation is not much different on the institutional investor side. The report published today sheds light on the details.
Cryptocurrency Investor Report
cryptocurrency Investment products left behind their fourth sales week with a net outflow of 173 million dollars. The four-week total outflow reached $3.74 billion. Cryptocurrency ETP volumes, which rose to record levels of $63 billion during the decline, fell to $27 billion last week. The only good news is that Short Bitcoin products are now seeing an exit. This situation reflects the expectation of those who short sell these products on the corporate side that the decline will now stop.
The situation with altcoins is as follows;
- $85.1 million exit in Ethereum.
- Hyperliquid $1 million exit.
- XRP entry at $33.4 million.
- $31 million entry to Solana.
- LINK Coin $1.1 million entry.
In the second part XRPLEFT and LINK Coin We will discuss the details of why altcoins such as Bitcoin may have diverged from Bitcoin on the institutional side.
Bitcoin vs Altcoins
Quantum discussions, of Bitcoin Reasons such as the need for a new and exciting story and the fact that the integration of Bitcoin with traditional markets does not make much sense may cause the patterns to be broken in the new period. Some analysts now say that the weakness here may continue for a while as Bitcoin’s digital gold and inflation-fighting story is over. Bitcoin, which entered our lives for payments, could not fulfill the missions assigned to it.
Cryptocurrency solutions, especially those integrated with traditional finance, may have become advantageous over Bitcoin in this environment. For example, Ethereum may continue to grow as a tokenization venue for major financial institutions in the future. Solana, on the other hand, may find strength from the same story as it struggles with Ethereum. Chainlink has already become the hub for blockchain-based Oracle solutions. The list goes on and on and the result is the same.
Bitcoin While altcoins cannot pay off the missions they have undertaken (failure to fight inflation, excessive risk pricing, deterioration of correlation with gold, etc.), altcoins can benefit from this new “integration of cryptocurrencies into traditional finance” story.
