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Crypto Funds Bleed $360 Million After Powell Speech — Except Solana
Yahoo Finance· 2025-11-03 22:55
aura token, aura price aura solana, why is aura surging. Photo by BeInCrypto Digital asset investment products saw $360 million in outflows last week after Federal Reserve Chair Jerome Powell signaled hesitation on future interest rate cuts. Bitcoin ETFs took the hardest hit, losing $946 million, while Solana attracted a record $421 million in inflows. Powell's Hawkish Stance Rattles Markets Outflows followed comments from Powell indicating another rate cut in December was not assured. He warned that l ...