Digital assets lost $1B due to the Fed's stance

According to CoinShares, digital assets continued to attract investments last week amounting to $308 million, despite outflows of around $1 billion, including a $576 million withdrawal in a single day

This is the 11th consecutive week of positive asset inflows. As a result, the year-to-date total reached $44.7 billion — a 1886% increase compared to inflows in 2023

The recent market volatility may have been triggered by the Fed's indecisive stance on 2025. For example, Fed chair Jerome Powell rejected the idea of the U.S. central bank adding Bitcoin to its balance sheet, citing legal restrictions