Crypto Markets See Outflows Continue While Altcoins Gain Traction

Digital asset investment products experienced continued outflows last week, amounting to $1.17 billion. This is the second consecutive week of outflows as investor sentiment remains fragile following a recent liquidity cascade and concerns over a potential U.S. interest rate cut in December. While Bitcoin and Ethereum witnessed substantial selling pressure, contributing nearly $1.37 billion to the total outflow figure, altcoins continue attracting inflows, particularly Solana.