[CoinShares: $920 Million Net Outflow from Crypto Market This Week] According to a tweet from CoinShares, the cryptocurrency market recorded a net outflow of $920 million this week. In the short term, higher-than-expected PPI data, the U.S.-Iran conflict driving up oil prices, and limited room for Federal Reserve rate cuts have contributed to Bitcoin's 1.4% decline this week. The U.S. Senate Banking Committee passed the 'Clarity Act' with 15 votes in favor and 9 against, signaling a clearer direction for long-term regulation. CoinShares noted that the market is currently facing a tug-of-war between short-term macroeconomic pressures and long-term regulatory benefits.