The crypto market is showing signs of stabilizing after weeks of panic selling.
Last week, investors pulled $187 million out of digital investment products, but the rate of outflows is now slowing, signaling that the market may be nearing a bottom.
Bitcoin continues to be the choice of cautious investors, recording $264 million in outflows.
In contrast, altcoins are gaining traction, with XRP leading the way with $63.1 million in inflows, followed by Solana with $8.2 million and Ethereum with $5.3 million.
Total XRP inflows this year now hit $109 million, making it the most popular altcoin among investors.
Chainlink and Litecoin posted small gains, $1.5 million and $1 million, respectively.
While Bitcoin’s price dropped to around $69,000, the volume of exchange-traded products (ETPs) reached $63.1 billion, surpassing the previous record. This indicates increased investor interest and strong market momentum.
Outflows were concentrated in the US ($214 million) and Sweden ($135 million), while countries such as Germany ($87.1 million), Switzerland ($30.1 million), and Canada ($21.4 million) recorded positive inflows.
The data highlights mixed global sentiment, but there is still optimism in certain markets.
According to Bitget, Bitcoin has the potential to reach $150,000–$180,000 this year if ETF flows stabilize and macroeconomic conditions improve.
Ethereum, meanwhile, is supported by Layer 2 development, DeFi growth, and participation from traditional financial institutions, with a price target of $5,000–$6,000.
Furthermore, legislative developments such as the Clarity Bill are expected to have a positive impact, providing a clearer compliance framework, reducing uncertainty, and making the market more attractive to large institutions.
The crypto market is currently in a recovery phase, with altcoins such as XRP attracting investor attention, while Bitcoin is still struggling.
High trading activity and institutional support indicate potential for medium to long-term price increases.
