Crypto Market Rebound Driven by Institutional Demand

The cryptocurrency market has experienced a significant rebound in trading volumes following the recent ceasefire between the US and Iran. According to data from CoinMarketCap, Bitcoin's price has risen towards $72,800 with over $33 billion in daily volume, while Ethereum has moved back into the $2,200-$2,250 range with volume above $14 billion.

This concentration of capital on core assets reflects how investors re-enter the market. Instead of spreading their investments across various assets, they tend to focus on those with strong liquidity and depth, such as Bitcoin and Ethereum. As a result, these two cryptocurrencies have driven up the value of the US Strategic Crypto Reserve.

The rebound is not limited to individual asset prices; it also extends to the broader market. According to Farside data, Spot Bitcoin ETFs have seen significant inflows, with $240.4 million in a single day and cumulative flows above $56.7 billion. This signals continued institutional participation in the market.