Negative crypto sentiment showed signs of cooling off in last week’s CoinShares analysis, and that trend seems to be continuing among small-money institutional investors this week.
Bitcoin enjoyed an outflow of $14 million last week after losing nearly $320 million in outflows over the past five weeks. The small inflows have not pushed the BTC price up, however, as the leading cryptocurrency by market capitalization is trading for $35,471 at press time, down 20% over the past seven days.
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