Bitcoin Net Flow Takes Hit as Investors Reassess Portfolios

Bitcoin's (BTC.CC) net flow has seen significant decline in the last day and week. In the past 24 hours, there was a net outflow of $1.01 billion dollars worth of Bitcoin. This is a stark contrast to the steady increase in demand over the previous weeks.

The seven-day net flow also shows a substantial decline, with a total outflow of $421 million dollars. This indicates that investors may be taking a step back from the market or reassessing their portfolios.