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31 October 2023
The cryptocurrency market recorded the largest capital inflow in one and a half years

During the week of October 23-27, this market demonstrated astonishing activity, attracting funds amounting to $326 million. Analysts believe that such a significant volume of investments is driven by investor confidence.

The United States accounted for approximately 12% of this influx, amounting to $38 million, while other countries such as Canada, Germany, and Switzerland received $134 million, $82 million, and $50 million, respectively. Positive dynamics were also observed in Asia, where $28 million flowed in.

The majority of the investments, namely $296 million, were directed towards the top cryptocurrency last week, indicating that the growth was initiated by this particular cryptocurrency.