Cryptos Enter Low-Volatility Phase Amidst Soaring Spot ETF Inflows

Cryptocurrency markets have entered a period of low volatility as major assets such as Bitcoin and Ethereum trade sideways.

The price of Bitcoin remains above $64,000 after spot Bitcoin ETFs saw net inflows on Monday, with the total amount reaching $297.6 million, according to SoSoValue data.

Ethereum also experienced net inflows, totaling $30.85 million from spot Ethereum ETFs.

Despite this stability, some traders are warning of potential price swings in the coming months.

Crypto trader Jelle noted that Bitcoin's spot exchange volume has been at its lowest since 2019 and more than half of supply is underwater, suggesting a potential accumulation opportunity.