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    Weekly Institutional Insights — U.S. Inflation Deceleration Buoys Market Sentiment, While Bitcoin Lags Due to ETF Outflows

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    Crypto Insights
    Jun 17, 2024
    6 min read
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    June 17, 2024: This past week, cooler inflation data revived market sentiment while Bitcoin hovered around $67K. 

    Nevertheless, we continue to observe a strong pipeline of airdrops, including the much-anticipated zkSync airdrop, suggesting that positive market sentiment persists. Outperformers in the past week included tokens that focus on real-world assets, such as OM and GNO.

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