Bitcoin, USDC Lead $200 Million Outflows as Crypto Markets Turn Risk-Off

Bitcoin (BTC) and USD Coin (USDC) saw notable net outflows over the past 24 hours, signaling a broader ‘risk-off’ tilt in major digital assets even as a handful of smaller tokens attracted selective inflows.

According to Cryptometer data dated May 28, flows across large-cap cryptocurrencies showed BTC posting roughly $1.9 billion in inflows against about $2.1 billion in outflows, resulting in a net outflow of approximately $200.11 million over the 24-hour window. Ethereum (ETH) also turned negative, with around $861.2 million entering and $944.0 million leaving, for a net outflow of about…  Read more

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