The cryptocurrency market saw initial gains at the start of the week, with Ether (ETH) and Solana (SOL) leading the charge. However, signs of weak capital inflows, including net outflows from Bitcoin ETFs and a stall in stablecoin market caps, suggest that further gains may be limited. Market sentiment is mixed, with some analysts pointing to downside fears, while potential geopolitical developments could trigger a rally. The article also provides real-time market data on various cryptocurrencies and traditional financial markets.
The crypto market started the week on a positive note, but further gains may be limited as signs of fresh capital inflows remain weak. Ether and solana prices have risen over 3% since midnight UTC, with BTC up nearly 2% and XRP lagging at 1.
5%. The CoinDesk 20 Index has gained 2% to 1,941 points. The demand side, however, appears weak. The 11 U.S.-listed spot bitcoin exchange-traded funds registered a net outflow of $296.18 million, snapping a four-week streak of inflows, according to data source SoSoValue. Ether ETFs bled over $200 million. These funds are seen as a proxy for institutional appetite for cryptocurrency. The other route through which capital flows into the digital asset market is stablecoins, or tokenized versions of fiat currencies such as the dollar, and that is also flashing a red signal. The growth in the market cap of Tether's USDT, the world’s largest dollar-pegged stablecoin, has stalled at around $184 billion over the past two weeks. The market cap of Circle Internet's USDC, the second-largest, has declined nearly 1.5% to $77.77 billion. "Last week, Stablecoins experienced a $-1.1 billion decrease, a negative signal, compared to previous minting, which is in the 2nd percentile. During the last 30 days, a total of $0.8 billion was minted," Markus Thielen, founder of 10x Research, said in a note to clients Monday.to as low as $49,000. Options show a bias for put options across all time frames, a sign of lingering downside fears among traders. Still, a sudden shift in sentiment, perhaps triggered by a potential U.S.-led ceasefire in the Iran conflict, could spark a rally in bitcoin and other risk assets. However, the BTC price would need to establish a firm foothold above $75,000 to signal a full bullish reversal. Stay alert!ETH is up 2.78% at $2,051.71 Ether CESR Composite Staking Rate is down 6 bps at 2.70%Silver futures are up 2.38% at $71.20FTSE 100 is up 0.54% at 10,021.13S&P 500 closed down 1.67% at 6,368.85S&P 40 Latin America closed down 0.75% at 3,473.97E-mini Nasdaq-100 futures are up 0.28% at 23,394.00The chart shows weekly price swings in Nvidia in candlestick format. Prices have dropped 7% over the past two weeks, breaking out of a trendline that characterized the bullish trend from late 2022 lows.Crypto EquitiesGalaxy Digital : closed at $18.00 , +2.78% at $18.50Riot Platforms : closed at $12.80 , +2.19% at $13.08CleanSpark : closed at $8.66 , +3.58% at $8.97CoinShares Bitcoin Mining ETF : closed at $35.19 , +2.87% at $36.20Strategy : closed at $126.03 , +1.88% at $128.40Sharplink : closed at $6.04 , +3.57% at $6.26Oil rises above $115 and Asia shares slide as Iran war enters fifth week : The price of Brent crude rose more than 3% to above $115 a barrel, while U.S.-traded oil climbed to $101.62 after gaining almost 2%. Japan's Nikkei 225 lost 2.8%, while the Kospi in South Korea closed almost 3% lower.: Iran fired multiple waves of missiles at Israel on Monday and vowed to "punish the aggressor" as Israeli forces pounded Tehran and oil prices rose after Yemen's Houthis entered the Middle East war.: Hyperliquid is decentralized, but geography still matters. New research by Glassnode shows traders closer to its infrastructure have a clear speed advantage.As stablecoins evolve into core financial infrastructure, North America leads. This report maps the regulation, market shifts, and players driving adoption.Stablecoins are entering their third phase of evolution - the institutionalization era - becoming increasingly embedded into core financial infrastructure. As institutions prioritize transparency and compliance, regulated issuers like USDC, RLUSD, and PYUSD are steadily gaining share with RLUSD surpassing $1B in market cap within its first year. North America, leading in regulatory frameworks and institutional distribution, is at the center of it all.Bitcoin jumps as Trump says U.S. in talks with 'new regime' in Iran, threatens oil infrastructure if deal fails
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