Global cryptocurrency funds plummeted last week as investors pulled out $942 million, the highest on record
Global cryptocurrency funds plummeted last week as investors withdrew a record $942 million, according to CoinShares International Ltd, Bloomberg reported. Seven consecutive weeks of inflows resulted in more than $12 billion flowing into the fund, pushing bitcoin to a record high on March 14th. However, after a brief pullback, net flows reversed last week.
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