Key Highlights
- Bitcoin reclaimed the $80,000 zone as the global crypto market cap rose to $2.65 trillion and market sentiment improved to neutral.
- Spot Bitcoin ETFs saw $630 million in net inflows on May 1, led by BlackRock’s IBIT and Fidelity’s FBTC.
- Ethereum, XRP and Solana ETF flows remained weaker on a weekly basis, showing that institutional demand is still concentrated in Bitcoin.
The global crypto market traded higher on Monday, with total market capitalization rising to $2.65 trillion, up nearly 1.5%–1.6% over the past 24 hours. Trading volume jumped above $167 billion, while Bitcoin dominance climbed to around 60.7% and Ethereum dominance stood near 10.7%, showing that capital is still concentrated in…
