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Euro Funding Leads Fiat Entries Into Crypto at $12.24 Million

Bitcoin (BTC) had $24.80 million in outflows, while $26.32 million moved from cryptocurrencies into U.S. dollars.

Updated 1 min read
An anonymous customer passes a euro note across a currency counter in Frankfurt, Germany / TokenPost.ai (macro)
An anonymous customer passes a euro note across a currency counter in Frankfurt, Germany / TokenPost.ai (macro)

A Cryptometer flow tally put euros ahead of dollars among listed fiat entries into cryptocurrencies and dollars first among fiat exits, showing different patterns on the two sides of the snapshot.

Euro entries totaled $12.24 million, compared with $7.50 million in U.S. dollar entries and $3.30 million in South Korean won entries. For funds leaving crypto, the tally listed $26.32 million going into dollars, $1.92 million into Turkish lira and $1.85 million into won.

For Bitcoin (BTC), Cryptometer counted $2.70 million entering and $24.80 million leaving. The tally reports the two directions separately.

Ether (ETH) topped the token inflow list at $48.72 million. Zcash (ZEC) accounted for $6.37 million, while the tally listed $83.21 million in Tether (USDT) moving into crypto.

In a separate Oct. 26 snapshot of dollar and crypto flows, Cryptometer recorded $20.74 million entering crypto from dollars and $62.41 million moving in the reverse direction.

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