Negative dynamics in cryptocurrency markets persist, reflecting in capital outflows from cryptocurrency products. Recent data shows a significant asset reduction.
Financial Figures for Recent Weeks
Over the past four weeks, $4.75 billion was withdrawn from cryptocurrency products, indicating a continuing negative trend. Total assets under management fell from a peak of $181 billion to $142 billion, the lowest since mid-November 2024.
Analysis of Cryptocurrency Asset Funds
Outflows from products based on the first cryptocurrency slowed from $2.6 billion to $756 million. In the US spot bitcoin-ETF segment, investors withdrew $799.4 million. In Ethereum funds, the outflow rate slowed from $300 million to $89.2 million. Additions to instruments based on XRP strengthened from $5 million to $5.6 million, while Sui weakened from $15.5 million to $2.7 million. Interest in products based on Solana returned: after an outflow of $7.4 million, clients invested $16.4 million in them.
Market Forecasts and Future Trends
On March 10, the price of the first cryptocurrency neared $80,000. Matrixport predicts the correction will end in March or April. Previously, CryptoQuant CEO Ki Yong-Joo allowed for a prolonged consolidation of the asset in a wide range ($75,000-$100,000), before a return to a rising trajectory.
Analysts continue to monitor the dynamics and forecast investors' next moves amid cryptocurrency market instability.
