Bitcoin Reclaims $97K – Institutional Buying Returns Strong
After a sharp correction earlier this month, Bitcoin (BTC) has surged back above $97,000 , reigniting optimism across the digital asset market. Which Altcoins could surprise next?
According to the latest report from CoinShares , investor sentiment is improving rapidly. The week marked the third consecutive inflow week , following nine straight weeks of outflows — signaling a potential turning point for the broader market.
In total, the crypto sector attracted $5.5 billion in fresh capital over the last three weeks , showing renewed confidence from large players.
Bitcoin Still King – Ethereum Closes In
As expected, Bitcoin led the inflows with $1.84 billion funneled into related investment products.
Meanwhile, Ethereum (ETH) followed closely behind, pulling in $149.2 million in the past week alone. Over two weeks, ETH inflows reached $336 million , demonstrating strong support from long-term investors despite slower retail participation.
This continued demand suggests that major players still view Ethereum as a core holding , especially ahead of anticipated network upgrades and ETF discussions.
Altcoins Start Gaining Traction – XRP, SOL and XTZ Stand Out
While Bitcoin and Ethereum dominate headlines, several altcoins are quietly drawing institutional interest :
- XRP : +$10.5 million
- Tezos (XTZ) : +$8.2 million
- Solana (SOL) : +$6 million
- Cardano (ADA) : +$1.2 million
Though these numbers remain small compared to BTC and ETH, they signal growing diversification among institutional portfolios. With improved market conditions, these altcoins could see stronger momentum in the coming weeks.
U.S. Remains the Epicenter of Crypto Investment
Geographically, the United States remains the largest source of inflows , contributing $1.92 billion in just one week.
Germany and Switzerland followed with $47.2 million and $34.2 million respectively, while Sweden and Brazil experienced minor outflows.
The dominance of U.S. inflows highlights the ongoing centralization of crypto capital in Western markets — at least for now.
Market Outlook: Positive Momentum Amid Macro Uncertainty
The rebound in Bitcoin prices combined with consistent institutional buying is laying a solid foundation for further growth.
However, analysts caution that the upcoming U.S. Fed rate decision will be a key short-term catalyst. A dovish stance or a rate cut could accelerate inflows into both Bitcoin and select altcoins .
With whales accumulating and volatility easing, the stage may be set for another leg up in the crypto cycle.
