
Title: Ethereum Defies Market Trends with $133 Million Inflow Amidst $404 Million Outflow in Bitcoin
The cryptocurrency market has recently witnessed a significant shift, as the CoinShares weekly report reveals that Bitcoin suffered a substantial $404 million outflow, while Ethereum recorded an impressive $133 million inflow. This unexpected divergence from market trends highlights a notable change in investor sentiment.
According to the data provided by CoinShares, it is evident that investors are no longer solely focusing on Bitcoin, shifting their attention towards other digital assets instead. The influx of capital into Ethereum can be attributed to its resilience amid macroeconomic concerns, demonstrating a higher level of adaptability compared to the current market conditions.
Source: cryptoslate.com