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Institutions invest record in crypto funds

by Vaibhav
January 30, 2023
in News
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Institutions invest record in crypto funds
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More than $117 million was invested in the period from 21st to 27th September before cryptocurrency projects, which is the maximum figure for 2022. Such data fix analytics CoinShares.

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The volume of trades is expected to be $1.3 billion, which is 17% higher than the average indicator of today 2023.

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The maximum activity is focused on bitcoin funds. Here, the investment equals $116 million. Structures that allow shorts on bitcoin have recorded a surge of $4.4 million.

Remain nine years after the three years of production on the basis of various altcoins becoming. total amount – $ 6.4 million.

Alone among the altcoins, positive dynamics was recorded. Ethereum-based products received $4.2 million, Polkadot – $1 million, XRP and Cardano – $0.6 million each, Avalanche – $0.5 million.

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Before the word, in the evening of the 29th of September BTC came close up to $24,000.

And the other day we wrote that after a new change in the complexity of bitcoin mining, the indicator increased by 4.68% and set a new historical maximum.

The message of the Institute on Record Investing in Crypto Funds appeared first on Cryplogger.

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