While the negative course in the last weeks in the crypto currency markets prevailed, the positive data from this week made investors hope. Digital Asset Investment Products ended the five -week output series and experienced a total of $ 644 million entrance. Interestingly, the head of this movement was the drawing of Bitcoin and Ripple’s local token by XRP. Ethereum drew attention with a serious output. So what do these strong entries mean? Why is XRP on the agenda again?
XRP and Bitcoin took part in the weekly entrances
According to Coinshares’ weekly report, digital asset investment products have a total of 644 million dollars of entry into a total of $ 644 million. Bitcoin welcomed most of this entrance alone. With a huge entrance of $ 724 million, BTC was the biggest winner of the week by far. XRP ranked second with a net entry of $ 6.7 million.
He followed the XRP for $ 6.4 million. Altcoins such as Polygon and Chainlink also contributed to a positive contribution, albeit small, with a small increase of $ 0.4 million and $ 0.2 million, respectively. These data show that the interest of investor starts to shift into the blue chip crypto currencies again.
Ethereum became a big loser, Altcoin outputs attracted attention
Despite the positive table, things do not go well on the Ethereum side. ETH has experienced $ 86 million on a weekly basis. This decrease shows that investors are turning to beings with stronger stance instead of Ethereum under risky market conditions.
On the other hand, projects such as Sui, Short Bitcoin, Polkadot, Tron and Algorand were also influenced by negative movement. These assets pursued Ethereum with $ 1.3 million, $ 0.95 million and $ 0.82 million, respectively. Investors seem to prefer less volatility and more adopted projects while the market uncertainty continues.
Bitcoin reversed the trend, competition with XRP is hot
The long -term negative investment flow has reversed with the strong rise of Bitcoin. After the exit for 5 weeks, BTC took the lead this week. Similarly, the XRP gains strength, reveals that these two giants are in competition again.
The allegations that XRP would be potentially included in US reserves caused tension between Bitcoin maximalists and XRP defenders. Lawyer Bill Morgan criticized the Trump government’s closeness to Bitcoin and argued that it could interrupt the country’s crypto strategy.
XRP became a payment tool in Japan, did BTC exclude?
Another remarkable development for XRP came from Japan. Japan -based real estate company Open House, XRP, Dogge and Sol announced that it has begun to accept payment. This step shows that the global usage area of the XRP is expanding.
Bill Morgan criticized the fact that BTC was not among the payment options on this development. However, it was reminded that Open House started to accept payment with Bitcoin and Ethereum in January. With the latest development, the company has expanded the payment options by adding XRP, Dogecoin and Solana to the list.
