Digital asset manager CoinShares stated that investors are pouring millions of dollars into Ethereum (ETH), Ripple (XRP), Cardano (ADA) and other crypto assets.
In its weekly report, Coinshares looked at where investors are transferring their money. According to the company, $33 million was transferred to Ethereum and the second largest cryptocurrency topped the list.
According to the report, the week in which Bitcoin saw a record exit of $ 141 million shows that negative emotions are concentrated on Bitcoin. The data shows that investors remain cautious after Bitcoin slumped from its all-time high of $63,500 to $30,000.
Hello there! My name is Oktay from Tokensboss editors. I introduce myself as a business graduate and writer. I have been doing research on cryptocurrencies and new business lines for over 2 years.