Crypto assets have faced staggering outflows in a single week, but some managed to avoid this crash.
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U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. A recent report published by the CoinShares asset management fund reveals that over the past week, crypto has absorbed a harsh blow, with nearly $2 billion in investments. Bitcoin, including spot BTC ETFs, was the leading loser last week, according to the report, as it lost $1.089 billion. XRP came in third on the list of the cryptos that faced the hardest blow. However, the document.that last week, crypto asset investment products registered the largest outflow since mid-November last year. In total, the withdrawals came to approximately $1.73 billion. Bitcoin outflows were the largest, of course, at $1.09 billion. That was a single-day outflow. Morning Crypto Report: New -$18.2 Million XRP Upset Bigger Than You Think, "$1 Million Bitcoin" Advocate Busts Two Biggest Myths With 10x Prediction, Dogecoin Creator Describes Bitcoin Price Crash in Just One WordCrypto Market Review: Is XRP in Perfect Spot for $3 Run? Ethereum $3,500 Blowup Is Ready, Shiba Inu Needs Rocket Fuel NowEthereum came second on this list, with $630 million outflows. It was followed by XRP. Investment products based on this cryptocurrency lost $18.2 million. In total, the outflows constituted $1.732 billion.However, unlike BTC, ETH or XRP, Solana welcomed inflows of around $17.1 million. Litecoin and Chainlink absorbed $0.5 million and $3.8 million, respectively. Skilled commodity trader Peter Brandt has spotted another sell signal on a Bitcoin chart. He pointed out that it emerged as a bear channel completed. Brandt believes that the BTC price has to get back above the $93,000 level in order to negate the losses it has faced so far.Bitcoin lost almost 5.3% since Friday, falling from $91,150 to the $86,400 zone. Since Monday, Jan. 19, the decline has comprised approximately 7.37% as BTC declined from $93,265.Yet another sell signal in Bitcoin as a bear channel has been completed. Remember that charts can always morph. Price needs to reclaim $93k to negate Bitcoin bull and JAN3 CEO Samson Mow, took to X yesterday to share his thoughts on the direction he expects Bitcoin to take in the near future. Mow stated that last year, “two popular myths were shattered.” The first myth was about Bitcoin's four-year cycle. Samson referred to it as an illusion, saying that “An Omegacycle is in the cards.” The second myth dispelled by Mow was that “Bitcoin is too big to see a 10x” price surge.Morning Crypto Report: New -$18.2 Million XRP Upset Bigger Than You Think, "$1 Million Bitcoin" Advocate Busts Two Biggest Myths With 10x Prediction, Dogecoin Creator Describes Bitcoin Price Crash in Just One WordTokenFi Unveils High-Visibility Branding Campaign Across Italy Ahead of 2026 Winter Olympics Morning Crypto Report: New -$18.2 Million XRP Upset Bigger Than You Think, "$1 Million Bitcoin" Advocate Busts Two Biggest Myths With 10x Prediction, Dogecoin Creator Describes Bitcoin Price Crash in Just One Word Morning Crypto Report: New -$18.2 Million XRP Upset Bigger Than You Think, "$1 Million Bitcoin" Advocate Busts Two Biggest Myths With 10x Prediction, Dogecoin Creator Describes Bitcoin Price Crash in Just One Word
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