Crypto Markets Bounce Back Amid ETF Inflows
Crypto markets are showing signs of recovery, with Bitcoin (BTC) trading above $65,000, Ethereum (ETH) holding near-term support at $1,900, and Ripple (XRP) hovering above the critical demand zone of $1.00.
The broad recovery comes amid capital inflows through US-listed Exchange-Traded Funds (ETFs), which recorded approximately $853 million in Bitcoin-related inflows last week.
Ethereum spot ETFs continued their bullish streak, attracting nearly $245 million in inflows over the same period, while XRP spot ETFs saw inflows of $1.01 million, building on previous weeks' momentum.