Cryptocurrency

Bitcoin

Dogecoin

Polygon

<h2 style="text-align: justify;" id="coinshares-report-highlights">CoinShares Report Highlights</h2> 
<p style="text-align: justify;">CoinShares, the digital asset manager, has published its weekly report sharing data on fund inflows and outflows in digital asset investment products. According to the CoinShares report, after a total of $742 million in inflows over four consecutive weeks, there was a $6.5 million outflow in digital asset investment products last week.</p> 
<p style="text-align: justify;">Furthermore, despite the $13 million outflow in <a href="https://en.coin-turk.com/pentoshi-bitcoin-btc-will-be-40000-but-there-is-a-problem-for-crypto/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (BTC) focused investment products, there was a $6.6 million fund inflow in Ethereum (ETH) focused investment products. CoinShares also noted in its report that XRP is gaining more trust among investors, with a total of $6.8 million fund inflow recorded in XRP-focused investment products in the last 11 weeks.</p> 
<p style="text-align: justify;"><img decoding="async" class="wp-image-239716 size-full aligncenter" src="https://coin-turk.com/wp-content/uploads/2023/07/CoinShares.png" alt="" width="1366" height="1338"></p> 
<p style="text-align: justify;">In addition, there were fund inflows of $1.1 million in Solana (SOL) focused investment products, $0.7 million in Uniswap (UNI) focused investment products, and $0.7 million in Polygon (MATIC) focused investment products last week.</p> 
<h2 style="text-align: justify;" id="bitcoin-btc-falls-below-29-000">Bitcoin (BTC) Falls Below $29,000</h2> 
<p style="text-align: justify;">Bitcoin (BTC) experienced an average loss of 3% in the last 24 hours, dropping to the $29,000 price levels. Most cryptocurrencies with high market capitalization started the new week with a decline, influenced by the depreciation of BTC. The total market value of the cryptocurrency ecosystem decreased to $1.17 trillion. Additionally, due to the high volatility in the cryptocurrency market, more than $150 million worth of short and long positions were liquidated in the past 24 hours, according to Coinglass data.</p> 
<p style="text-align: justify;">Ethereum (ETH) also suffered a loss of over 2% in the last 24 hours due to the downward trend in the cryptocurrency market, trading at $1845. However, despite this downward trend, <a href="https://en.coin-turk.com/investors-hold-on-tight-its-all-beginning-things-could-be-different-for-dogecoin-in-6-weeks/" data-wpel-link="internal" rel="noopener noreferrer nofollow">Dogecoin</a> (<a href="https://en.coin-turk.com/prediction-of-a-130-increase-for-dogecoin/" data-wpel-link="internal" rel="noopener noreferrer nofollow">DOGE</a>) gained momentum and reached $0.075 with its recent value increases.</p> 
<div class="sorumluluk_reddi" style="text-align: justify;"> <strong>Disclaimer:</strong> This article does not contain any investment advice. Investors should be aware that cryptocurrencies are highly volatile and carry risks, and should conduct their own research before making any transactions. 
</div> 
<h5>The post <a href="https://en.coin-turk.com/coinshares-report-highlights-is-the-cryptocurrency-market-preparing-for-a-new-decline/" data-wpel-link="internal" rel="noopener noreferrer nofollow">CoinShares Report Highlights: Is the Cryptocurrency Market Preparing for a New Decline?</a> appeared first on <a href="https://en.coin-turk.com" data-wpel-link="internal" rel="noopener noreferrer nofollow">COINTURK NEWS.</a></h5>

CoinShares Report Highlights: Is the Cryptocurrency Market Preparing for a New Decline?

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