Digital asset investments saw $230 million in net inflows last week, a slight decrease from recent weeks. While the conflict in Iran caused some worry, CoinShares reports that investor reaction to the Federal Reserve’s meeting on Wednesday – and its indication of potentially continuing to raise interest rates – seems to be the main driver of this change.
Trading activity saw a significant shift this week. We started strong, with $635 million in inflows over the first two days. However, the Federal Reserve’s announcement caused a rapid decline, leading to $405 million being withdrawn. By Friday, things had calmed down and the pressure eased.
Polarized Bets on Bitcoin
A recent report from CoinShares shows that Bitcoin led investment activity last week, bringing in $219 million. Despite this, some investors continued to bet against Bitcoin, with $6 million flowing into short-Bitcoin products, indicating continued disagreement about its future. Solana also performed well, attracting $17 million in investment for the seventh week in a row, totaling $136 million recently.
Chainlink and Hyperliquid both saw inflows of around $4.6 million and $4.5 million, respectively. XRP gained $2.9 million, and Sui added $1.5 million. However, Ethereum experienced an outflow of $27.5 million, ending a three-week streak of investor interest.
Investor activity was up across all regions last week. The United States saw the biggest increase, with $153 million coming in. Germany and Switzerland also experienced substantial gains, at $30.2 million and $27.5 million, respectively. Canada and Australia had smaller increases, adding $9.3 million and $3.9 million, respectively.
Bitcoin Rebounds
On Monday, Bitcoin’s price increased, surpassing $71,400, as the broader cryptocurrency market also grew. This rise followed comments from former US President Donald Trump, who stated that the United States and Iran had “very good and productive conversations” focused on reducing tensions in the Middle East. In response to this news, Bitcoin, the leading cryptocurrency, increased by over 4% in the last 24 hours, indicating that investors reacted positively to the possibility of reduced conflict.
Bitunix analysts say Bitcoin’s price will likely stay between roughly $74,000 and a lower support level until there’s more clarity about energy supplies and government regulations. Until these issues are resolved, the market is experiencing both selling pressure at the top and inconsistent buying interest at the bottom.
Its price swings will largely depend on broader economic factors, not on its own internal patterns or development.
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2026-03-23 18:50