Mixed Crypto Market as BTC Holds Range
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Today in crypto, cryptocurrency investment products clocked a fourth straight week of outflows last week as Bitcoin struggled below the 70,000 mark, Aave founder Stani Kulechov said DeFi could benefit from tokenizing $50 trillion worth of abundance assets. Strategy’s Michael Saylor is bucking a market rout with signals that more Bitcoin buys are planned.
Crypto funds log another red week as BTC dips below $70,000
Crypto funds failed to attract enough inflows last week to reverse negative sentiment and clocked a fourth consecutive week of outflows.
Crypto exchange-traded products (ETPs) recorded $173 million in outflows, following the previous week’s $187 million, according to a CoinShares update on Monday.
Although the last two weeks brought relatively minor losses, total outflows over the past four weeks now amount to about $3.8 billion, while total assets under management (AUM) stand at about $133 billion, the lowest since April 2025.
The price rebound has also increased interest among future traders betting on Bitcoin’s near-term price movements.
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