*Crypto Market Shows Mixed Signals Amid Volatility*
The crypto market today is navigating a wave of volatility, with major tokens showing signs of both pressure and resilience. Bitcoin (BTC) briefly dipped below the $100,000 mark over the weekend amid geopolitical tensions but has since rebounded to hover around $101,000. Ethereum (ETH) also faced a 2.12% drop, now trading near $2,237, while XRP slipped 2.48% to $2.02.
The broader market sentiment remains cautious. Despite Texas passing a bill to create a Strategic Bitcoin Reserve, institutional optimism is being overshadowed by short-term uncertainty. Meanwhile, stablecoins like USDT and USDC are holding steady, reflecting a flight to safety among investors.
Interestingly, inflows into digital asset ETFs continue to rise, signaling that long-term confidence in crypto remains intact. Ethereum, in particular, has seen nine consecutive weeks of institutional inflows, totaling over $2.2 billion.
In summary, while the market is currently under pressure from macroeconomic and geopolitical factors, underlying investor interest—especially from institutions—suggests that this may be a temporary correction rather than a long-term downturn. Traders are advised to stay alert, as the next few days could set the tone for the rest of the month.
