As bitcoin ended a 9-week-long losing streak on Sunday, when a green weekly candle finally appeared on the bitcoin chart.
Miners transferred about BTC 195,663 to exchanges in May, marking the biggest monthly increase since January, per Bloomberg.
According to data from the crypto research and investment firm CoinShares, USD 100m were added to crypto investment funds last week, despite prices of most crypto assets being stuck in a narrow range.
Still, Bitcoin continued to perform better than altcoins both in terms of price and on-chain fundamentals.