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The crypto bull run is confirmed with 2 billion inflows

The crypto universe has recently received a real boost. With weekly inflows approaching $2 billion, the market is feeling its wings. This is not a simple beginner's burst, but rather a fundamental movement which confirms a solid upward trend. Let's explore what's behind this excitement and how the market is gearing up for new highs.

As soon as the American elections ended, the crypto market transformed into a veritable hive of activity. No less than $1.98 billion flowed into crypto investment products between November 3 and 9.

And this figure is not just a flash in the night: it is part of a series of five consecutive weeks where inflows total 7.7 billion dollars. Clearly, a quarter of the $31.3 billion invested in 2024 so far comes from this period.

But why this enthusiasm? Some are talking about the strategic decision of the American Federal Reserve, which reduced its interest rates for the first time in four years. This maneuver breathed a wave of optimism into the financial markets and cryptos have not escaped this wave of confidence. The appetite of investors for Bitcoin, the undisputed market leader, was whetted: the latter alone attracted 1.8 billion dollars over the same period.

The star, of course, remains Bitcoin, whose financial products have now reached a cumulative $9 billion in inflows since the Fed's monetary decision. But be careful, big brother Bitcoin is not the only one getting people talking about it.

Ether, often seen as the dolphin of the crypto empire, had its most successful week since the ETFs launched in July, with inflows reaching $157 million. A clear sign that Ether is no longer content to follow: it is starting to write its own history.

Altcoins continue to gain market share, with players like Solana, who recorded moderate but significant inflows of $1 million.

This shows that diversification is more than a buzzword: it's a strategy that many investors take to heart.