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Bitcoin, Ethereum, and Solana see losses amid a $633 million liquidation wave. Cryptocurrency market begins the week down, with Bitcoin dropping 1.2% to $104,000, Ethereum down 4% to $2,463, and Solana falling by nearly 7% to $164. BTC holdings saw inflows of $260 million on May 16, while ETH attracted $22 million. Market cap dips 3.5% to $3.42 billion, with leverage liquidations hitting $633 million. Dr. Kretov warns of extreme volatility ๐. Investment products in digital assets scoop $785 million last week, led by Bitcoin and Ethereum entries, though Solana sees slight outflows. US, Germany, and Hong Kong lead entries. Source: Coingecko, Coinshares Fund Flows report.
https://altcoin.observer/the-cryptography-market-slides-because-the-volatility-enters-the-tradfi-and-defi-sectors/
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