Last week, cryptocurrency investment products saw a net inflow of $2.17 billion, the highest since October last year, with Bitcoin experiencing a net inflow of $1.55 billion. However, geopolitical tensions triggered by the U.S. plan to acquire Greenland caused a market reversal, with Bitcoin's price falling below $93,000 and liquidations exceeding $800 million. Analysts warn that despite early signs of stabilization in on-chain prices, macro risks continue to exert pressure on the market.
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Last week, cryptocurrency investment products saw a net inflow of $2.17 billion, the highest since October last year, with Bitcoin experiencing a net inflow of $1.55 billion. However, geopolitical tensions triggered by the U.S. plan to acquire Greenland caused a market reversal, with Bitcoin's price falling below $93,000 and liquidations exceeding $800 million. Analysts warn that despite early signs of stabilization in on-chain prices, macro risks continue to exert pressure on the market.