Can BTC and ETH Inspire XRP, Solana, Cardano, and Shiba Inu? 🔥🔥🔥
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Bitcoin and Ethereum Lead the Charge in Crypto Assets
Following the last price rebound, Bitcoin and Ethereum are leading the charge in crypto assets. Growing institutional demand and the expansion of the decentralized finance ecosystem are the main reasons for the increase. The total market capitalization of cryptocurrencies has reached $3.7 trillion, with a 2.97% increase in the last 24 hours.
BTC and ETH Dominate Inflows
After hitting an all-time high of $106,000, Bitcoin has slightly corrected, rising 2.8% today and surging 5% weekly. On the institutional side, BTC products attracted $2 billion in inflows, bringing AUM to $135 billion. The anticipated cryptocurrency push by Trump and discussions about the U.S. strategic Bitcoin reserve have led whales to accumulate more assets.
Ethereum Also Sees Significant Gains
Ethereum's daily inflow is at 2.5%, with institutional trading volume continuously increasing, trading at $4,049, with a market cap of $487 billion. It has recorded institutional inflows for seven consecutive weeks, totaling $1 billion, with AUM at $20 billion.
The Future Looks Bright for Altcoins
Traders expect more funds to flow into altcoins in the coming months. Although most assets are still struggling, analysts point out their connections with BTC and ETH. Cryptocurrency enthusiasts predict that altcoins could bring substantial wealth in the coming months. Top altcoins XRP and Solana have risen by 5.2% and 1%, respectively.
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