Recent data shows a series of outflows from Bitcoin funds, marking four consecutive weeks of declines. This movement has resulted in a decrease in the collective assets under management to $84.86 billion. Contrarily, altcoins have experienced inflows, signaling a potential pivot in investor focus from Bitcoin to alternative cryptocurrencies. Notably, newly issued ETFs in the […]
The post May 2024’s Crypto Specials: Top 3 Coins at Movie Ticket Prices! appeared first on Coin Edition.
Recent data shows a series of outflows from Bitcoin funds, marking four consecutive weeks of declines. This movement has resulted in a decrease in the collective assets under management to $84.86 billion. Contrarily, altcoins have experienced inflows, signaling a potential pivot in investor focus from Bitcoin to alternative cryptocurrencies. Notably, newly issued ETFs in the U.S. faced outflows for the first time, reflecting a broader sentiment of caution amidst market volatility. These developments are paralleled by decreased Bitcoin inflows into exchanges, hitting a nearly decade low, suggesting a possible preparation for a bullish resurgence as long-term holders begin to reaccumulate their holdings.
Among specific cryptocurrencies making headlines, Hedera Hashgraph (HBAR), Ripple (XRP), and Mantle (MNT) have been part of the broader altcoin market observing this intriguing dynamic. Let’s talk about the spectacular three and also mention an additional project, the one that might be able to outshine them all.
ScapesMania: Not Your Average Altcoin
It went unmentioned in the intro because it does seem too good to be true at times. ScapesMania stands out as a symb…
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