Bitcoin Notes Weekly Outflows Of $33 Mln Amid Crypto Market Selloff

In a noteworthy market event, Bitcoin witnessed an outflow of $33 million last week, indicating a significant change in investor sentiment toward taking profits. Meanwhile, the latest report from CoinShares sheds light on this trend, emphasizing that the move appears to be more indicative of profit-taking rather than a broader change in sentiment towards the digital asset class.