Crypto Market Sees Cautious Optimism Despite Volatility as Bitcoin Rallies and Inflows Slowly Continue
-
Institutional investors are hesitant to enter crypto market, waiting for more regulations and stability
-
Bitcoin has rallied 14% this week despite market turmoil, termed the "most hated rally"
-
Inflows into crypto investment products continued for 11th week, but slowed to $43M from Europe, $14M from U.S.
-
Bitcoin remains focus, with $20M inflows this week, but Ethereum reversed trend showing 6 weeks of inflows
-
Altcoins like Solana and Avalanche continue attracting interest, while blockchain equities saw record $126M inflows