Crypto Market Sees Major Outflows Amidst Economic Turbulence

Last week saw a significant outflow of funds from cryptocurrency investment products, reaching hundreds of millions of dollars according to CoinShares, a prominent asset manager in the crypto sector. The report highlights how global economic pressures are impacting investor sentiment and market dynamics. The analysis reveals that U.S. tariffs have significantly strained the crypto market. A total of $240 million was withdrawn from digital assets last week, demonstrating the influence of global events on investment decisions. Bitcoin experienced the most significant outflows, followed by Ethereum, Solana, and Sui.