Crypto funds experienced a sharp reversal last week, with $454 million in outflows, nearly erasing early-year inflows of $1. 5 billion. The sell-off appears linked to dwindling expectations of a Federal Reserve interest rate cut in March, following recent macroeconomic data that suggests the Fed may maintain its current policy stance. Crypto Funds Lose $454 Million as Fed Rate-Cut Hopes Fade According to the latest CoinShares data, last week’s crypto outflows came after a four-day streak totaling $1
source: https://beincrypto.com/crypto-funds-454m-outflows-fed-rate-cut-hopes/