The global crypto investment market sees a significant influx of $1.35 billion in net inflows last week, with Bitcoin leading the charge.
Points
- The crypto market witnessed $1.35 billion in net inflows last week.
- Total inflows for the current positive streak reached $3.2 billion.
- Bitcoin saw the highest inflows, amounting to $1.27 billion.
- Ethereum and other altcoins also experienced notable inflows.
- The overall market sentiment remains positive, with a substantial increase in trading volumes.
The global crypto investment market continues to attract significant capital, with recent reports indicating $1.35 billion in net inflows last week. This latest injection of funds has brought the total for the current positive streak to an impressive $3.2 billion, reflecting the strong market sentiment and investor confidence in cryptocurrencies.
According to data from CoinShares, the inflow trend is widespread across various digital assets, although Bitcoin remains the dominant recipient. Bitcoin saw inflows of approximately $1.27 billion last week, reinforcing its position as the leading cryptocurrency. Additionally, short-Bitcoin exchange-traded products (ETPs) experienced further outflows of $1.9 million, bringing the total outflows since March to $44 million.
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Ethereum also registered significant inflows, with $45 million added last week, overtaking Solana for the highest year-to-date net inflows among altcoins. This shift highlights a broader market rotation, with investors realigning their portfolios to capitalize on Ethereum’s strong long-term growth prospects.
Investment flows have varied significantly across regions. The United States and Switzerland topped the table with substantial net inflows, while Brazil and Hong Kong saw only minor outflows. The positive market sentiment has been mirrored in the global crypto market valuation, which surged from $2.4 trillion to $2.6 trillion over the past week.
Bitcoin’s price has notably recovered, trading as high as $68,000 before slightly retreating. Ethereum and Solana have also seen price recoveries, with Solana emerging as the top gainer among altcoins, up by 16.8% over the past week.
解説
- The crypto market’s net inflows of $1.35 billion last week highlight strong investor confidence and positive market sentiment.
- Bitcoin continues to lead in attracting investment, with significant inflows contributing to its recent price recovery.
- Ethereum has overtaken Solana in year-to-date net inflows, indicating a shift in investor focus towards its long-term growth potential.
- Regional differences in investment flows suggest varying levels of interest and confidence in different markets.
- The overall increase in crypto market valuation reflects the broader positive trend and recovery in cryptocurrency prices.