Bitcoin Crash Sends Institutional Investors Running For The Hills

Name	Symbol	Market	Market Cap ($)	Algorithm
Amp	AMPUSD	Crypto	439,481,756	Not Mineable

Name

Symbol

Market

Market Cap ($)

Algorithm

Amp

AMPUSD

Crypto

439,481,756

Not Mineable

	Price Change	Price Change %	Current Price	Bid Price	Offer
	-0.00018	-2.25%	0.00782	0.00781	0.00782

Price Change

Price Change %

Current Price

Bid Price

Offer

-0.00018

-2.25%

0.00782

0.00781

0.00782

High Price	Low Price	Open Price	Prev. Close	52 Week Range
0.0081	0.00778	0.00796	0.008	0.001400 - 0.016850

High Price

Low Price

Open Price

Prev. Close

52 Week Range

0.0081

0.00778

0.00796

0.008

0.001400 - 0.016850

Exchange	Last Trade	Size	Trade Price	Currency
GDAX	15:31:42	200.00	0.00782	USD

Exchange

Last Trade

Size

Trade Price

Currency

GDAX

15:31:42

200.00

0.00782

USD

Price x Volume	Volume	Base Symbol	Related Pairs
892,921.08	113,247,883.09	AMP	AMPEUR	AMPGBP	AMPBTC

Price x Volume

Volume

Base Symbol

Related Pairs

892,921.08

113,247,883.09

Bitcoin Crash Sends Institutional Investors Running For The Hills

15/06/2022 6:00pm

NEWSBTC

Small and retail investors are not the only ones getting hit hard by the Bitcoin crash. Institutional investors are also feeling the heat of the market crash. This has sent the institutional investors running as inflows had halted for the last week. Outflows from crypto and blockchain-related investments grew steadily over the course of the weeks, totaling more than $100. million. Institutional Investors Stay Away The institutional outflows for last week have been concerning for crypto investors but in no way surprising. With the emergence of the ‘crypto winter’, it has signaled that the bear market is in full force. Thus, investors are forced to react accordingly. Outflows had climbed throughout last week and had come out to a total of $102 million. It culminates a long-running outflow trend that had mostly stayed in the altcoins. However, this time around, bitcoin has been drawn into this trend. Related Reading | Bitcoin Drops To 18-Months Lows, Has The Market Seen The Worst Of It? The pioneer cryptocurrency saw outflows totaling $57 million last week alone. This was the case across the short-bitcoin investment products which had also recorded outflows. For bitcoin, these weekly outflows bring its month-to-date outflows to $91 million. Short-bitcoin investment products are now only seeing $55 million of total assets under management (AuM) compared to $27 billion for its longer-term bitcoin investment products. Total market cap drops below $1 trillion | Source: Crypto Total Market Cap on TradingView.com Outflows All Across Crypto Ethereum had been recording consistent weeks of outflows over the past several months and this past week was no different. The second-largest cryptocurrency by market cap saw $41 million in outflows this past week. This brought its year-to-date outflows to $387 million, only now making up 4.4% of the total crypto-assets under management. Blockchain quiddities have also joined the league of outflows with a total of $5 million in the past week. As well as multi-asset investment products which saw $4.7 million of outflows. The majority of the outflows recorded for last week have been from the Americas, making up more than $98 million outflows. Their European counterparts only recorded $2 million in outflows for the same time period. Related Reading | Exchange Inflows Ramp Up As Crypto Investors Clamor To Exit Market What this shows is the general sentiment of investors towards the crypto market no matter what avenue they have invested through. The bear market is expected to last for at least another year and as such, investors have begun to plan accordingly. The crypto market cap has now fallen below $1 trillion for the first time since January 2021. With sentiment skewing powerfully into the negative, there is no sign of recovery or relief for investors. Featured image from The Financial Express, chart from TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet…

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AMPUSD Amp