---
title: "Crypto products shed $528M amid recession fears — CoinShares"
url: https://diffcoin.com/crypto-products-shed-528m-amid-recession-fears-coinshares/
description: "As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000. Source link"
published: 2024-08-05
updated: 2024-08-05
author: "Mila"
site: "Diffcoin"
---

# Crypto products shed $528M amid recession fears — CoinShares

As Bitcoin dropped below $50,000, analysts expect more outflows that would potentially drive prices down to $42,000.

[Source link](https://cointelegraph.com/news/crypto-528-million-lost-recession-coinshares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)