Bitcoin Dominates While Ethereum Breaks Out With $230M Volatile Week

Bitcoin dominated the weekly activity while Ethereum took its lead.

Digital asset investment products posted $230 million in additions last week, a decline relative to recent trends. While concerns over the Iran conflict affected sentiment, CoinShares said the reaction to the US Federal Reserve’s meeting on Wednesday and its “hawkish pause” signal appeared to be the main factor.

Data for the rest of the week point to a sharp decline in activity. The initial momentum was strong. The first two days alone brought in $635 million. This was followed by a sharp decline after the FOMC announcement, with $405 million in withdrawals. The situation stabilized towards the end of the week, as the pressure had eased on Friday.

Polarized Betting on Bitcoin

According to the latest CoinShares’ Digital Asset Fund Flows Weekly Report, investment activity last week was led by Bitcoin, which attracted $219 million. Meanwhile, the betting products against BTC still attracted 6 million dollars, indicating the “continuing view of the asset.” Solana continued his momentum with $17 million and extended his run to seven consecutive weeks, pushing his latest tally to $136 million.

Chainlink and Hyperliquid registered $4.6 million and $4.5 million, respectively. XRP added $2.9 million, while Sui raised $1.5 million. Ethereum, meanwhile, saw $27.5 million in capital outflows and ended three weeks of sustained investor interest.

Interestingly, all regions reported good investor activity last week. The United States led the way with $153 million this time. Germany and Switzerland also posted significant figures of $30.2 million and $27.5 million. Meanwhile, Canada and Australia saw relatively small additions of $9.3 million and $3.9 million, respectively.

Bitcoin Rebounds

Bitcoin rose above $71,400 on Monday, along with the rest of the crypto market, after US President Donald Trump said the United States and Iran had “excellent and productive talks” aimed at easing tensions in the Middle East. Following the comments, the leading commodity rose more than 4 percent in the previous day as markets reacted to signs of a possible reversal.

According to Bitunix experts, until the supply chains are stabilized and the policy direction is refocused, Bitcoin will remain stuck between the resistance and liquidity intensity above 74,000 and the uneven demand below.

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“Its volatility will continue to be dictated by external macro-transmitting channels rather than the formation of persistent trends.”