Bitcoin and Ethereum-linked investment products posted solid weekly gains, while XRP moved in the opposite direction.
Investment products linked to digital assets recorded $1.4 billion in inflows, the largest weekly amount since January and the third straight week of positive movement. CoinShares explained that the trend is likely due to stronger risk appetite during US-Iran ceasefire extension talks and Bitcoin’s rise above $76,000 mid-week, its highest level since the February crash.
March CPI reached 3.3% year-on-year, but markets focused on core CPI at 2.6%, which suggested that inflation remains limited and driven by supply-side factors.
