Crypto
Global Market Sees Sales Pressure Surge Amid AI Concerns
The global market has seen an increase in sales pressure, leading to a reversal of Bitcoin funds and a surge in oil prices.
According to recent data, the total amount withdrawn from Ethereum ETFs was $463 million, marking the end of their three-week net inflow series.
In contrast, Ethereum ETFs have seen a positive streak with $197 million in net inflows over four weeks. Other funds, such as those for Solana and XRP ($1.38), have also experienced net inflows.
The technology sector has been hit by concerns related to artificial intelligence, leading to increased pressure on tech stocks.