Large-wallet investors are increasingly acquiring Ethereum and Ripple’s XRP, signaling a bullish trend in the cryptocurrency market. As institutions show renewed interest, Ethereum has surged 45% and XRP 36% over the past month, outpacing other cryptocurrencies.
Institutional inflows into Ethereum reached 134 million USD last week, while XRP saw 31.26 million USD. This increased capital reflects growing confidence in the market, with the Fear and Greed Index rising from 48 to 52.
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