Crypto Market Attracts $321 Million in Investments Due to Changes in U.S. Monetary Policy

user avatar

by Giorgi Kostiuk

2 years ago

Made with AI

  1. Market Situation and Key Metrics
  2. Regions with Different Dynamics
  3. Positive Signals for the Market


    4. The crypto market attracted $321 million in investments last week, marking the second consecutive week of positive fund inflows. This was driven by changes in U.S. monetary policy.

    Market Situation and Key Metrics

    Following the Federal Open Market Committee (FOMC) meeting last week, investors rushed to invest. The 50 basis point rate cut triggered a 9% increase in total assets under management (AuM). Now, the total value of investment products has reached $9.5 billion, a 9% increase from the previous week. Bitcoin attracted the largest share of investments, pulling in $284 million. Short-Bitcoin products also saw $5.1 million in inflows.

    Regions with Different Dynamics

    Different regions showed varying results. America led with $277 million in investments, followed by Switzerland with $63 million, marking its second-best week of the year. On the other hand, Germany saw $9.5 million in outflows, Sweden lost $7.8 million, and Canada fell short with $2.3 million in outflows.

    Positive Signals for the Market

    Key on-chain indicators are also signaling positive changes in the market. The 7-day Simple Moving Average (SMA) of the Fund Flow Ratio reached 0.05, which historically coincides with the end of bear markets or halving events. The 30-day SMA of the Estimated Leverage Ratio has formed a key support zone between 0.15 and 0.175 and is beginning to recover. Additionally, the 30-day Exponential Moving Average (EMA) of Binary CDD, currently in the range of 0.1 to 0.3, indicates Bitcoin accumulation by long-term holders.

    According to the indicator analysis, the crypto market seems ready for a breakout. Most on-chain indicators are showing bullish signals, giving investors hope for further strengthening of digital assets' positions in the market.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Hut 8 Wins Bid for Poolin's Texas Datacenter Sites

Hut 8 has successfully bid $140 million for two datacenter sites owned by the bankrupt mining company Poolin.

user avatarLucas Weissmann

Senate Banking Committee Democrats Request Hearing on Prediction Markets

Democratic members of the Senate Banking Committee request a public hearing to examine the growing issue of prediction markets and their regulatory implications.

user avatarFilippo Romano

Crypto Economic Activity Remains Strong Despite Market Downturn

Crypto economic activity has shown resilience despite a significant drop in market capitalization, indicating a shift in market dynamics.

user avatarEmily Carter

Visa's Research Highlights Trust as a Barrier to Stablecoin Adoption

Visa's research highlights that trust and fraud protection are essential for stablecoin adoption, with 36% of US respondents considering their use, especially with bank-level protections.

user avatarTomas Novak

Cardano's Onchain Governance Approves New Treasury Allocations

Cardano's governance system has approved a new round of treasury allocations aimed at infrastructure and ecosystem development.

user avatarKaterina Papadopoulou

Galaxy Invests $100 Million in Onchain Credit Infrastructure

Galaxy has invested $100 million in Sky Protocol's yield-bearing sUSDS, integrating it into its corporate treasury and allowing it as collateral for institutional trading.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.