Bitcoin and altcoins started the new week with gains following US President Donald Trump’s indication of a possible ceasefire. However, this rise was short-lived. Trump gave Iran two days to open the Strait of Hormuz, and that deadline expires today.
This increases uncertainty and limits the rise in Bitcoin (BTC) and altcoins.
While the market closely follows today’s developments between the US and Iran, Coinshares has released its cryptocurrency report, stating that there was a $224 million inflow last week.
Looking at crypto funds individually, XRP made a significant surge in inflows, outpacing Bitcoin.
Bitcoin saw inflows worth $107.3 million, while XRP experienced inflows worth $119.6 million.
Ethereum (ETH) experienced an outflow of $52.8 million.
Looking at other altcoins, Solana (SOL) saw inflows of $34.9 million and Chainlink (LINK) saw inflows of $0.1 million.
Looking at regional fund inflows and outflows, the picture was surprising. Switzerland ranked first with an inflow of $157.5 million.
After Switzerland, Germany ranked second with $27.7 million in inflows, while the US, the leading country in inflows, came in third with $27.5 million.
These entries saw minor exits from the Netherlands and Sweden.
*This is not investment advice.
Continue Reading: Weekly Critical Report for Bitcoin (BTC) and Altcoins is Here! XRP Pulls Off a Big Surprise! – This Major Altcoin Lags Behind Again!


