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Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports

CryptoExpert by CryptoExpert
September 23, 2024
in Finance
0
Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports
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Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps). Coinshares: U.S. Leads Digital Asset Inflows According to […]



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