Weekly Institutional Insights — ETF Outflows Strain Bitcoin’s Rebound; Outperforming Tokens: W, ATA, HBAR and ARKM
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Crypto Insights
Apr 29, 2024
6 min read
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April 28, 2024:
The broader equity market rebounded from last week’s selloff, despite a brewing stagflation risk facing the U.S. economy, and the crypto market fell as Bitcoin failed to break above a key resistance level at $67K. Nonetheless, a few tokens outperformed after launching new features, including Wormhole (W), Automata (ATA), Hedera Hashgraph (HBAR) and Arkham (ARKM).
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