$9 Billion Floods Into Crypto Market in One Week — Bull Run Confirmed?
In one week, the crypto market received a refreshed round of funding amounting to nearly $9 billion, showing signs of renewed investor confidence.
All three crypto assets: Bitcoin, Ethereum, and stablecoins saw strong positive net inflows, which added to market momentum.
The early stages of a potential new bull run in the crypto market can be sensed from the capital inflows.
This data isn’t just for Bitcoin; it also includes other assets that are seeing positive action. Net position changes for Ethereum (ETH) and stablecoins also rose quite strongly.
An incredible amount of $4.1 billion into stablecoins was also done by investors as a way of exiting more volatile assets without fully turning their backs on crypto itself. The post explains that by April 25, total positive 30-day capital inflows totaled $10.7 billion, and there were no significant outflows that occurred by April 25.
Usually, such strong inflows over a short period of time signify growing market optimism and are an early indication of a broader bull market cycle beginning.#BTC
