Digital Assets Surge with $3.3 Billion Inflows: XRP Reverses Trend

The cryptocurrency market experienced record inflows of $3.3 billion last week, driving a significant shift towards digital assets despite economic uncertainty and credit downgrades. While Bitcoin led the way with $2.9 billion inflows, Ethereum also attracted substantial interest. The notable reversal for XRP after 80 consecutive weeks of inflow marked a major market change, leading to a substantial outflow of $37.2 million despite overall positive market momentum. This surge highlights growing investor interest in digital assets, with experts anticipating further expansion as they seek diversification amidst volatility.