Claire Scott

Bitcoin Pulls In $706M as Traders Abandon Short Positions in Massive Sentiment Shift

While Bitcoin dominated headlines, Solana and XRP investment products also recorded sharp increases in activity. Digital asset investment products posted inflows of $857.9 million, and extended six straight weeks of positive flows – the highest weekly figure since April 24. CoinShares stated that the increase is likely tied to improving sentiment around the CLARITY…

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Crypto Funds Pull in $1.2B as Bitcoin Rally Revives Institutional Demand

Institutional demand pushed crypto funds higher, but caution lingers as markets looked toward the April FOMC decision for direction. Investment products tied to digital assets saw $1.2 billion in inflows after extending their run to four consecutive positive weeks. CoinShares revealed that the inflows likely reflect improving institutional interest, supported by Bitcoin reaching its…

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Crypto Correlations Hit Record Highs as BTC-SOL Reaches 0.99

Ethereum emerged as the most connected asset, showing strong alignment with Cardano, Solana, and Dogecoin. Analytics platform DefiLlama has reported an elevated degree of price synchronization among leading cryptocurrencies. Over the past week, several major trading pairs showed correlation coefficients above 0.9, with Bitcoin (BTC) and Solana (SOL) moving almost perfectly in sync at…

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