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$321 Million Floods Into Crypto as Fed Makes One Tiny Cut to Interest Rates and Suddenly It’s a BUYING SPREE!

A  illustration of a tidal wave crashing over a cityscape as buildings are engulfed in cryptocurrency symbols (e.g., Bitcoin logos) rising from the depths; above, people scramble to grab onto floating coins amidst a sunny sky with birds flying overhead.

Just when you thought it was safe to go back in the water… or rather, invest your money into a Ponzi scheme with better marketing.

Source: bitcoin.com

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). According to the latest Coinshares’ analysis, bitcoin (BTC) was the primary driver of inflows, capturing $284 million, reflecting growing investor interest following the […]

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