Depressed opinion continues to overtake investors and the cryptographic market. The monthly report shows that data on assets under management decreased by 14% compared to the previous month, According to the CryptoCompare report. At the same time, total trading volume decreased by 35.4% in all digital asset investment product markets.

July edition of Digital Asset Management Review exempt A report by CryptoCompare on Thursday highlights that AUM’s total count in the digital commodities investment sector fell 14.0% to $ 34.8 billion from last month.

monthly annual.PNG

image source: CryptoCompare

In terms of company and product, Grayscale products still dominate most of AUM, “occupying more than 80% at $ 27.9 billion. Next, XBT Provider took 7.8% to $ 2.7 billion and 21Shares weighted 2.7% of the total to $ 949 million. . , “According to the report.

aum according to the company.  PNG

image source: CryptoCompare

At the same time, the aggregate daily volume of all digital commodity investment product types fell by an average of 35.4% from June to July. The average daily volume is now $ 319 million.

However, the average weekly inflow improved and returned to a positive net flow of $ 58.5 million in July, compared to a net flow of $ 59.5 million last month.

average weekly inflow.  PNG

image source: CryptoCompare

The encryption market has endured a period of low volatility during the service weeks. Bitcoin even fell below the $ 30,000 support level recently. Bitcoin price was rebound after stimulated comments From the CEO of Tesla, Elon Muskconcerning the possibility of a Bitcoin payment to Tesla.

Bitcoin’s trading in Hong Kong was $ 32,636 at 11:15, an increase of 1.89%. BTC’s highest point rose to $ 32,787 in 24 hours, according to Datamish.

Image source: Shutterstock

.

LEAVE A REPLY

Please enter your comment!
Please enter your name here