Altcoin Resilience Amid Bitcoin’s Hawkish Fed Woes

Digital asset investment products suffered their largest weekly outflow since March, shedding $600 million, as investors reacted to the Federal Reserve’s hawkish stance on interest rates. This marks the largest outflow since March 22, as reported by CoinShares on June 17. The “Weekly Asset Fund Flows” report revealed that the outflows were predominantly from Bitcoin The post Altcoin Resilience Amid Bitcoin’s Hawkish Fed Woes appeared first on Coin Edition .

Source: Coin Edition