The cryptocurrency market continues to face uncertainty due to US and China tariff policies. Recent data shows significant capital outflows from crypto assets.
Current Situation in Bitcoin and Altcoins
Bitcoin (BTC) is showing recovery following Donald Trump’s decision to suspend tariffs with most countries. However, Coinshares reports indicate significant outflows, reflecting ongoing market uncertainty.
Analysis of Outflows from Crypto Funds
According to Coinshares, cryptocurrency investment products saw outflows of $795 million last week. Bitcoin experienced the largest outflow, losing $751 million, while Ethereum (ETH) lost $37.6 million. Other altcoins like Solana (SOL) saw $5.1 million in outflows, and SUI lost $0.6 million.
Regional Capital Flows in Crypto Assets
In analyzing regional outflows, the USA was the largest source of issues with $763 million in outflows. Switzerland followed with an outflow of $11.9 million, while Canada saw a small inflow of $2.1 million.
Crypto investors continue to face negative trends as significant capital outflows persist. The uncertainty driven by tariff policies continues to affect the overall atmosphere in the cryptocurrency market.