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Cryptocurrency Market Sees $1.24 Billion Inflows Amid Geopolitical Tensions

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by Giorgi Kostiuk

5 hours ago


The latest report from Coinshares highlights significant inflows into cryptocurrency investment products, despite geopolitical issues.

Overall Market Trends

According to Coinshares, the cryptocurrency market saw an inflow of $1.24 billion over the last week, marking ten consecutive weeks of positive momentum. Cumulative inflows since the beginning of the year have reached a record $15.1 billion.

Bitcoin and Ethereum: Leading Assets

Bitcoin remains the primary recipient, attracting $1.14 billion. Ethereum also showed positive results with an inflow of $123.8 million.

> "Bitcoin recorded its second consecutive week of inflows amounting to $1.1 billion despite recent price corrections." Smaller altcoins like XRP ($2.7 million) and Solana ($2.8 million) are also seeing steady interest.

Regional Investment Flows

Regionally, the USA topped the list with inflows of $1.25 billion. Following are Canada ($20.9 million) and Germany ($10.9 million).

However, some regions are experiencing outflows: Hong Kong witnessed $32.6 million, and Sweden saw $14.9 million.

The cryptocurrency market illustrates strong investor activity despite negative external factors and price fluctuations. This reflects high confidence in leading assets such as Bitcoin and Ethereum.

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