BofA: '$1.2B Poured into Crypto Market Last Week'

IconCryptoNewsTerminal Staff26 Jul, 2024

cryptonews.jpg

BofA: '$1.2B Poured into Crypto Market Last Week'

Bank of America (BofA) released a report which revealed that "roughly $1.2 billion flowed into the crypto market over the past week" based on data from its Emerging Portfolio Fund Research (EPRF) Global. BofA also reported that "$1.3 billion went into gold, $22.2 billion into US equities and $16.1 billion into bonds" during the same period.