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Market Update - June 7th 2024 3 недели назад


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Market Update - June 7th 2024

Real consumer spending  fell unexpectedly in April, indicating a slowdown in US economic activity. This trend, aligned with more retail trading platforms opening up for Bitcoin transactions, are driving further positive price movements in crypto currencies. Crypto asset fund flows saw the largest daily inflow since mid-March yesterday, totalling 880 million US Dollars, bringing this week’s inflows to one billion. Furthermore, we have seen year to date inflows peak at 16.3 billion dollars and total assets under management rise above 100 billion dollars for the first time since March. Read more on: https://etp.coinshares.com/knowledge/... __________________________________________________________________________ This material is provided for informational purposes only and should not be construed, nor relied upon, as investment advice, a recommendation, or a solicitation to buy or sell any securities, funds, strategies, or crypto-assets. The opinions expressed in this material are current as of the time of dissemination and are subject to change without prior notice. It is solely up to the reader to rely on the information presented in this material and CoinShares does not accept any liability whatsoever for any direct, indirect or consequential loss arising from any use of this material. Please be aware that investing always carries inherent risks, especially when it comes to the volatile nature of crypto-assets. © 2024 CoinShares. All Rights Reserved. CoinShares is a trademark of CoinShares International Ltd. or its subsidiaries. All other trademarks are the property of their respective owners.

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