The crypto bull run is confirmed with 2 billion inflows

The crypto universe has recently received a real boost. With weekly inflows approaching $2 billion, the market is feeling its wings. This is not a simple beginner’s burst, but rather a fundamental movement which confirms a solid upward trend. Let’s explore what’s behind this excitement and how the market is gearing up for new highs.

A post-election context stimulating crypto

As soon as the US elections ended, the crypto market transformed into a veritable hive of activity. As much as $1.98 billion flowed into crypto investment products between November 3 and 9.

And this figure is not just a flash in the night: it is part of a series of five consecutive weeks where inflows total $7.7 billion. Clearly, a quarter of the $31.3 billion invested in 2024 so far comes from this period.

But why this enthusiasm? Some are talking about the strategic decision of the American Federal Reserve, which reduced its interest rates for the first time in four years. This maneuver breathed a wind of optimism into the financial markets and cryptos have not escaped this wave of confidence. Investors’ appetite for Bitcoin, the undisputed market leader, was whetted: the latter alone attracted $1.8 billion over the same period.

Bitcoin and Ether: well-oiled locomotives

The star, of course, remains Bitcoin, whose financial products today reach a cumulative $9 billion in inflows since the Fed’s monetary decision. But be careful, big brother Bitcoin is not the only one getting people talking about it.

Ether, often seen as the dolphin of the crypto empire, had its most successful week since the ETFs launched in July, with inflows reaching $157 million. A clear sign that Ether is no longer content to follow: it is starting to write its own history.

Altcoins continue to gain market share, with players like Solana, who recorded moderate but significant inflows of $1 million.

This shows that diversification is more than a buzzword: it’s a strategy that many investors take to heart.

Transition to reality: despite this apparent optimism, everything is not all euphoria. Capital outflows were notable in Sweden, for example, where investors withdrew $25.7 million. This caution signals that some remain on the defensive, including keeping a close eye on fluctuations in global economic policy.

So, is the bull run here to stay? Although the crypto market is, by nature, volatile and sensitive to economic news, current indicators point to a period of sustained growth. With a combination of macroeconomic factors and increased investment diversification, it appears crypto has found fertile ground to thrive. Meanwhile, bitcoin surpasses $81,000.