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TechFlow news: On June 5, according to Cointelegraph, U.S. money market fund assets surpassed $8.28 trillion, setting a new record high; weekly inflows reached as high as $66 billion. Market participants widely expect the Federal Reserve may hike interest rates again, and risk-averse sentiment continues to drive capital inflows.
According to Cointelegraph, U.S. money market fund assets have surpassed $8.28 trillion, setting a new record high, with weekly inflows reaching as high as $66 billion. Markets widely expect the Federal Reserve may hike interest rates again, and risk-averse sentiment is driving continued capital inflows.
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