{"id":46690,"date":"2021-06-08T15:09:33","date_gmt":"2021-06-08T11:09:33","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=46690"},"modified":"2021-06-08T15:09:34","modified_gmt":"2021-06-08T11:09:34","slug":"bitcoin-records-a-record-outflow-of-141-million-dollars-in-a-week","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/bitcoin-records-a-record-outflow-of-141-million-dollars-in-a-week\/06\/08\/market-updates\/","title":{"rendered":"Bitcoin Records a Record Outflow of 141 Million Dollars in a Week"},"content":{"rendered":"\n<p>Data from cryptocurrency management CoinShares released Monday showed that bitcoin funds and products saw a record outflow of inflows last week as investors remained wary of the world&#8217;s largest cryptocurrency.<\/p>\n\n\n\n<p>Bitcoin outflows amounted to $141 million in the week ending June 4th, representing 8.3% of the net inflows it attracted this year.<\/p>\n\n\n\n<p>Since the beginning of the year, Bitcoin continues to show an inflow of $4.2 billion.<\/p>\n\n\n\n<p>The data showed that the cryptocurrency sector as a whole suffered an outflow of $94.2 million last week.<\/p>\n\n\n\n<p>Bitcoin has fallen over the course of May by about 35.4%, and since the beginning of June, Bitcoin has fallen by 4.8%.<\/p>\n\n\n\n<p>In contrast, Ether, the second-largest cryptocurrency, continued to attract inflows of $33 million last week.<\/p>\n\n\n\n<p>Since the beginning of the year, inflows to Ether products and funds totaled $1 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data from cryptocurrency management CoinShares released Monday showed that bitcoin funds and products saw a record outflow of inflows last week as investors remained wary of the world&#8217;s largest cryptocurrency. Bitcoin outflows amounted to $141 million in the week ending June 4th, representing 8.3% of the net inflows it attracted this year. Since the beginning &hellip;<\/p>\n","protected":false},"author":9,"featured_media":31837,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[40,36],"tags":[6904],"class_list":["post-46690","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-cryptocurrencies","category-market-updates","tag-bitcoin"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=46690"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46690\/revisions"}],"predecessor-version":[{"id":46691,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/46690\/revisions\/46691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/31837"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=46690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=46690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=46690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}