Institutional Investors Offload $690 Million in Bitcoin and Ethereum, Favor Altcoins

Quick Summary:

In contrast, altcoins like Solana are attracting increased interest.

Significant Outflows from Digital Assets: CoinShare Report   Over the past two weeks, digital asset investment products have seen a massive $1.

Currently trading at $127.85, SOL has experienced a 4.7% decline over the past 24 hours but a minor increase of 0.6% in the last hour.

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Article Details

Author / Journalist: Vignesh S G

Category: Crypto

Markets: United StatesBrazilCanadaSwitzerland

Topics: Altcoins Bitcoin News Ethereum

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-24 @ 12:40:51 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 279 words

Reading Time: 2 minutes read

Sentences: 29 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 21367268

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Year Established: 2016

Headquarters: United States

News Last Updated: 1 days ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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