{"id":7432,"date":"2025-01-13T18:01:51","date_gmt":"2025-01-13T18:01:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7432"},"modified":"2025-01-13T18:01:51","modified_gmt":"2025-01-13T18:01:51","slug":"post-us-election-honeymoon-ends-as-macroeconomic-data-drives-markets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7432","title":{"rendered":"Post-US Election Honeymoon Ends as Macroeconomic Data Drives Markets"},"content":{"rendered":"
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Digital asset investment products saw modest inflows of $48 million last week. While nearly $1 billion flowed in during the early part of the week, outflows of $940 million in the latter half reversed much of the gains. This shift followed the release of new macroeconomic data and the Federal Reserve\u2019s minutes, which signaled a stronger US economy and a more hawkish stance.<\/p>\n

According to CoinShares, this could indicate that the post-US election honeymoon has ended, with macroeconomic indicators regaining their influence on asset prices.<\/p>\n

Modest Inflows Amid Renewed Macroeconomic Concerns<\/h2>\n

The latest edition of \u2018Digital Asset Fund Flows Weekly Report\u2019 revealed<\/a> that Bitcoin attracted $214 million in inflows last week, maintaining its lead as the best-performing digital asset with $799 million in inflows year-to-date, despite also seeing the largest outflows later in the week. Inflows to short Bitcoin products stood at $1.8 million.<\/p>\n

Ethereum, on the other hand, struggled the most, with $256 million flowing out, which CoinShares attributes to a general tech sector downturn rather than asset-specific concerns. Solana, by contrast, remained strong, pulling in $15 million in new investments.<\/p>\n

XRP<\/a> amassed significant inflows of $41 million last week, driven largely by political and legal developments. The inflows reflect growing optimism as the January 15th SEC appeal deadline approaches.<\/p>\n

Multi-asset products followed suit with $21.1 million in inflows. Interestingly, altcoins attracted investments despite lackluster price performance. Leading the way were Aave, Stellar, and Polkadot, which recorded inflows of $2.9 million, $2.7 million, and $1.6 million, respectively. Additionally, Cardano, Litecoin, and Chainlink also saw inflows of $1.2 million, $0.7 million, and $0.4 million, respectively, during the same period.<\/p>\n

Switzerland Tops Outflows<\/h2>\n

In terms of geography, the US stood out with $79 million in inflows, followed by Germany with $52.4 million over the past week. Canada, Brazil, and Australia also observed inflows of $37.1 million, $21.9 million, and $10.3 million, respectively.<\/p>\n

Switzerland saw the highest outflow for the week, recording $85.3 million. A similar sentiment was seen across Hong Kong and Sweden as the two countries witnessed outflows of $36.6 million and $33.2 million, respectively.<\/p>\n

The post Post-US Election Honeymoon Ends as Macroeconomic Data Drives Markets<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Digital asset investment products saw modest inflows of $48 million last week. While nearly $1 billion flowed in during the early part of the week, outflows of $940 million in the latter half reversed much of the gains. This shift followed the release of new macroeconomic data and the Federal Reserve\u2019s minutes, which signaled a […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7432","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7432","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7432"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7432\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7432"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7432"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7432"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}