Crypto fund inflows slow after FOMC reading

Digital asset funds experienced a slowdown in inflows, reaching only $230 million. This dip followed a 'hawkish pause' interpretation of the FOMC meeting minutes, which triggered a midweek sell-off. The sentiment suggests investor caution regarding the Federal Reserve's monetary policy stance and its potential impact on the cryptocurrency market. Analysts are closely monitoring these trends to gauge the short-term direction of crypto investments.