Fed’s 50bps Reduction Triggers $321M in Digital Asset Inflows, Coinshares Reports
Submitted by Anonymous (not verified) on Mon, 09/23/2024 - 22:30
Digital asset investment products recorded inflows of $321 million in the second consecutive week of positive activity, according to a report by Coinshares. The surge in inflows is largely attributed to the Federal Open Market Committee’s (FOMC) decision to cut interest rates by 50 basis points (bps). Coinshares: U.S. Leads Digital Asset Inflows According to […]