Cryptocurrency Market Stands Firm Amid Global Tensions
The cryptocurrency market has continued to defy expectations in the face of ongoing global tensions, with major players like Bitcoin, Ethereum, and XRP exhibiting moderate growth despite recent volatility.
One key indicator of institutional interest is the steady inflow of capital into spot Exchange-Traded Funds (ETFs). According to SoSoValue data, Bitcoin spot ETFs have seen approximately $202 million in inflows on Monday, with BlackRock accounting for $139 million and Fidelity contributing nearly $65 million. Ethereum also saw significant inflows, totaling $36 million.
However, XRP appears to be lagging behind its peers, with outflows totaling $6 million on Monday. This trend may limit XRP's recovery potential, signaling the impact of capital exit on the price.
