- Crypto inflows of $644 million have broken the one-week outflow streak, signaling renewed investor confidence
- Bitcoin has continued to maintain its supremacy across the market
The crypto market saw a major turnaround last week, with $644 million in inflows – Ending five weeks of outflows. This shift is a sign of growing investor confidence, especially as institutional demand rises.
Bitcoin [BTC ($87,686.00)] led the recovery, pulling in $724 million, reversing its $5.4 billion outflow trend from previous weeks. On the contrary, Ethereum [ETH ($2,938.02)] faced $86 million in outflows, while Solana [SOL ($124.17)] gained $6.4 million, showing that investors remain selective.
Crypto inflows show Bitcoin’s support is unhinged
Despite successive market shocks, Bitcoin’s dominance remains solid, holding steady above 60% – The same level observed prior to the elections. Interestingly, this stability follows a substantial retracement from its all-time high of $109k to its massive drop to $78k.
The price action is indicative of
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