Crypto Market Rallies: Bitcoin, Ether, and XRP Surge Amidst Institutional Inflows

Bitcoin, Ether, Solana, and XRP have all experienced significant gains in the past 48 hours, leading a market-wide rally despite recent corrections. The crypto market's total liquidations topped $10 billion, and the market cap fell below $3.5 trillion. However, the recent gains have sparked renewed optimism among investors.

Bitcoin (BTC) rebounded in the early trading hours, wiping off previous losses and moving up 2.5% to $96,129 at press time. Institutional inflows and increased whale activity have contributed to the digital asset leader's gains. CoinShares' Weekly Fund Flow reports show that institutional investors poured $486 million into Bitcoin products last week, while most altcoins struggled. Despite volatile investor sentiment, the market rebounded with over $1 billion in inflows later in the week.

Ethereum (ETH) and XRP have also seen growing inflows and whale activities, leading to a recovery in their prices. ETH surged 3.6% today, while XRP gained 1.5% after days of sharp losses. ETH's price remains low, trading at $2,820, but recent whale accumulations and anticipated network upgrades have shaped a recovery path. XRP traders also projected a price rally in the next bull phase spurred by rising institutional demand.

The crypto market's recent gains have been driven by a combination of factors, including institutional inflows, increased whale activity, and positive on-chain factors. Despite the recent corrections, the market has shown resilience and the potential for further gains in the coming months.