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Inflows into crypto investment funds rise as Bitcoin carries 99% of the load

  • 📰 Cointelegraph
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Bitcoin shouldered 99% of market flows to continue the streak as Ethereum saw outflows.

While Bitcoin has extended its market dominance, its overall market capitalization has budged slightly week-over-week, reflecting subdued price action for the largest cryptocurrency.

As of July 17, Bitcoin’s market dominance rate isFollowing a few late updates to prior weekly data, inflows for the last 4 weeks now total US$742m, representing the largest run of inflows since the final quarter of 2021.

 

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