The U.S. dollar inflow into the cryptocurrency market last week was a net inflow of $6.283 billion, the highest weekly inflow since January 22

Odaily News According to SoSoValue data, the net weekly inflow of US dollars into the cryptocurrency market last week (November 4th - November 10th, Eastern Time) reached $6.283 billion. Among them, the weekly net inflow of US Bitcoin and Ethereum spot ETFs reached $1.792 billion; the weekly net inflow of fiat-backed stablecoins (USDC, USDT, FDUSD, TUSD, PYUSD, USDP, GUSD) reached $4.492 billion. As of press time, the total cumulative net inflow of the cryptocurrency market reached $183.19 billion. Note: The inflow of US dollars into the cryptocurrency market is an exclusive market indicator of SoSoValue. This indicator combines the cumulative net inflow of ETFs with the inflow of fiat-backed stablecoins, clearly reflecting the actual amount of fiat funds flowing into the cryptocurrency market.