Crypto funds attract $2B inflows – Will Bitcoin rally to $100K now?

• Crypto funds noticed an additional $2 billion final week, bringing inflows to $5.4 billion over the previous two weeks
• Will the development persist this week forward of the Fed fee determination? 

Crypto funds noticed robust investor curiosity for the second consecutive week. Final week, the merchandise logged $2 billion in inflows, based on CoinShares’ weekly flows report. 

Supply: CoinShares

Throughout the prior week, crypto ETFs noticed a whopping $3.4 billion demand. This coincided with President Donald Trump hinting on the potential for a U.S-China deal on tariffs.

For sure, the macro shift triggered renewed risk-on sentiment, boosting the general crypto section. 

Bitcoin, ETH, XRP high demand

So far as asset efficiency is worried, Bitcoin [BTC] merchandise, as all the time, noticed the biggest demand at $1.84 billion. Ethereum [ETH] adopted carefully with $149 million inflows. 

Supply: CoinShares

Away from the highest crypto property, XRP maintained its altcoin lead this week once more. It attracted $10.5 million final week, in comparison with $31.6 million within the week prior. 

Over the identical interval, Solana’s [SOL] curiosity solely hit $6 million, nevertheless it was significantly better in comparison with Sui’s $0.3 million. In actual fact, SOL improved from $5.7 million in outflows seen the week prior. 

May it’s rotation from Sui? Nicely, the altcoin’s inflows shrank by practically 20x from $20 million to lower than $0.5 million over the identical interval. 

Total, XRP buyers remained regular whereas SOL noticed the biggest rebound in demand.

For Bitcoin, the sustained inflows pushed its value greater to just about $98k. Nonetheless, the world’s largest digital asset quickly misplaced 4% of its current restoration positive factors. 

It slipped to $94k on the time of writing, forward of the Fed fee determination on Wednesday. BTC and total crypto demand this week will depend upon how the market reacts to the Fed announcement. 

Supply: BTC/USDT, TradingView

On the worth chart, Bitcoin appeared to be heading in the direction of the $92k vary low and assist. Offered the worth motion stays above the earlier range-low and key shifting averages, bulls should have a shot at $100k. 

Quite the opposite, a sustained dip beneath $92k and the shifting averages would derail the $100k outlook.