Crypto Markets Bounce Back: July Opens with a Positive Outlook

The chaos in the crypto markets in June yielded positive results, and we have made a relatively good start to July. After the sales in May, the SEC sued two major exchanges in early June. Just when everything seemed to be going downhill, things suddenly reversed with the hand of BlackRock, and demand among institutional investors started to increase. Crypto Currency Report Cryptocurrency investment products saw an influx of $136 million last week, and the inflows reached $470 million in the last three consecutive weeks. This figure is extremely significant as it has completely neutralized the outflows of the previous nine weeks. It seems that the outflows following the rally at the beginning of 2023 have reversed for now. Moreover, the appetite of institutional investors for cryptocurrencies continues in July. Bitcoin, with a total entry of $133 million last week, continues to be the focus among investors, while there was […] The post Crypto Markets Bounce Back: July Opens with a Positive Outlook appeared first on COINTURK NEWS.